MBN 0.00% 8.3¢ mirabela nickel limited

Ann: Suspension from Official Quotation , page-9

  1. 642 Posts.
    Jason4
    "And all the t3 traders who were trying to make a quick buck have now potentially lost it all. You play with fire, you get blown up."

    Correct :) Nabtrade- unless you place the entire funds needed for the trade in the trading account which are locked prior to placing the order, you cannot execute the order.
    Comsec allow trades without covering the position for T3 days which IMHO allows punters who have an appetite to gamble without funds.
    The MBN situation has more than likely killed these traders and they will be selling up household furniture to cover the debt.Watch out for bargains on Gumtree and garage sales this weekend.

    Fort
 
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