IMS 0.00% 69.0¢ impelus limited

Motley's astute take on MBE, page-3

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    Well some people only look for a deal. They are 'Sophisticated Investors' (and have the accountant sheet to prove it), but they subscribed for 30 cents in the placement. They initially held on for the ride, but now see their profit margin shrinking over recent days So what to do? See Sell Sell so as to at least get their money back. Sell at 1 cent = 3.3% profit. On a PA basis multiply by 12. Still nice if you can get in on the deals.
    Watch and see what happens if the price dos sub 30 cents. Selling should ry up unless there are bigger issues happening in the markets.
 
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