Worst case I ever came across with "credit" trading was a few years back - was one of our d/t specials and it multi-bagged from 10am till about 11.30 - from memory from about 2c. to 7c. - then at 11.30 a trading halt and a capital raising, when it reopened later it traded at 1.5c. Was the most cynical move I've ever seen but the ones who had the capital and bought during the rise in sp eventually traded their way out ----- the ones who really suffered were the ones doing a "no capital behind them" d/t trade, I knew two of them and one never traded again and the other had to sell good blue chips and long term investments to satisfy the T+3 as it was then.
Lesson learnt by those involved.
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