PLA 0.00% 6.7¢ platinum australia limited

Riv39Pointless in playing the market if you have no faith. The...

  1. 19,560 Posts.
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    Riv39

    Pointless in playing the market if you have no faith. The platinum is still there, they have had their set backs, either by bad luck or bad management.

    I think JIC will want to prove their credentials.

    Who is going to participate when its trading under the offer price is a good question.

    The underwriters (I wouldn't be surprised that a hedge fund or two are not part of this underwriting) they will pick these up for 0.56 and flick to the nearest institution for 0.59.

    I have added today slightly more than what i would have got via the SPP.

    I will jettison the same amount as a tax loss later in the financial year to offset against booked profits.

 
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