Club Mulgoa

Tuesday, March 08, 2011

IMA

I am a long suffering shareholder.... yet this is a company that will keep up its promises for riches.

Today it has gone in a trading halt. It is bad news if it does not explain why. Usually, it is a placement so it will have dilutional effect on existing shareholders. Why ASIC allows it, I don't know. I always think that like GIR, the Chinese companies are so silly not to move on them.

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