Knew it. One of my new rules has worked recently. DON'T trade co's with low cash levels. I've been caught out with these placements etc. too mnay times before.
Before i trade any stock now i check the co's cash levels. Current market price 11 cents. Placement price 3.5 cents pffft.....
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MDM
medical monitors limited
placement at 3.5, page-3
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LITTLE GREEN PHARMA LTD
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