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28,706 Posts.
237
05/02/11
08:45
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i would say, currently, buyers are scared off by the placement
the share capital traded on-market is only 174m and there is something like 87m new shares being allocated at 3 cents plus 43m options at 4 cents
that is alot of shares and who knows how many of these broker clients are looking for a quick profit
currently they are sitting on 200% profits and are probably lusting to cash in the profits
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