Club Mulgoa

Wednesday, April 25, 2012

Placement

What is the fastest meanest way to getting screwed in the ASX?  A placement where you are not a participant.

I just had SIH on placement and the share price has fallen markedly.  This is the most unfair aspect of the stock market.  In allowing some privileged people to get their hands on placements to raise money with minimal time and effort for the company, it fucks the other shareholders.... including me.

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