AUZ 0.00% 0.8¢ australian mines limited

Ann: Institutional Placement Raises $5.2 Million, page-21

  1. 5,049 Posts.
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    Any institution or sophisticated investor who partook in this raise will dump into the market almost immediately. There is far too much risk to hold.

    I can't believe holders are happy to be undercut. $5.2miilion will do little more than pay wages and keep the lights on. The only thing BB is mining are the existing share holders.
 
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