the small pittance of 15 cents is costing him next to nothing.
its 6mths NHR earnings or half redemption (25m) of the franking account balance in NHR as at 30/6/2011= 50.1M
his problem,'control', by having large chunks of shares in a company the SP wont go anywhere because the instos cant get a slice of the action.
KS investments might be great busineses and well managed but he needs to realize that no large inst holding = no trading,no research,no interest or watch on the screens and little attention.
he needs to create more of a free float in the shares whilst still occupying board seats but NOT total control.
until things change he'll keep on complaining about the lack of direction in the SP eg.SEV & SWM.
SVW was formed because the market didn't recognise his value in SEV.
well i dont recogise the extra lousy 15cents offer as being full value.
time to really pay up KS,you can afford it....$5.00 and not a penny less !
until such time.....
LONG TERM HOLDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD !
NHR Price at posting:
$3.01 Sentiment: Hold Disclosure: Not Held
