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[sharechat] Strathmore

From:	brendon peters <bndpeters@postmark.net>
Date:	Tue, 14 Mar 2000 06:09:42 +0000

I don't believe there's any truth in the rumour of a backdoor listing
for SMR through PRB. SMR can list on the ASX on its own account
without the need of backdoor assistance. I suspect that SMR has not
been very good at using the news media to promote itself and hence the
decline of te share price. The decision by the "Blue Horseshoe" some
weeks ago to sell off all of its SMR shares probably started the rot.
SMR will have to come up with a major news announcement if investor
confidence is to be restored.



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