SXT 0.00% 2.2¢ stratum metals limited

Ann: SXT Successfully Completes $6m Raise, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 12,813 Posts.
    lightbulb Created with Sketch. 3905
    Guys, 2 IPO's this week taught me a good lesson. We have to watch out for " FREE " shares allocated to LPE directors / founders / owners as those could sell them straight at open. MEA's pre-float owner Mc Grath crashed the sp regardless of about 18 % loss and today Milan crashed its own holding in TPW by 30 %.

    We have to read the anns very carefully to spot if there could be a similar scenario. The share market is a brutal place and the phrase " Nothing personal mate, just business " won't help those affected.

    GLTA
 
watchlist Created with Sketch. Add SXT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.