Sorry...but I have to say it....plenty of red wine atm..
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No disrespect to SML holders...but been mentioned in prior posts the dangers of this stock...tho some thought otherwise...
Noticed tonight asx announc. Rights issue 1 new share for 2 held @ .02cps and a free option exercisable .03cps 31/8/2011.. Hmmm 285mil + 142.5mil = approx 427mil on offer + another 142.5mil options @ .03cps 31/8/2011....geez...2011
Hate to say but this stock is in my back yard. SHAME to you so called local experts (You know WHO YOU ARE and also to those REAL close to the co.). Telling public that it was a great buy above .10cps. YOU duped them IMO. Some would say that the "cowboys from the west" knew what they were doing when they offloaded to you.
To the Metung "so called insider" crew that were "pumping"...geez. To the local Bairnsdale "Insider" crew that "pumped"....geez
I feel sorry for many friends that bought on YOUR say so. (Of course downside did not buy, however WAS asked to purchase..MJS...shame)
Had a talk to a mate tonight. They bought at around .125ish on an "Insider say so"......He (mate) said we should have sold when I said so and took a small loss...but now.....not happy Jan....
Suppose that is how the market operates...but downside is unhappy for his friends...
Would be a far better news article "Neil C." than the cr@p written in a prior article that you wrote. Geez at least is FACT.
Cheers
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