Well if large investors are in then I'm in.
This placement seems good to me:
"Placement Syndicated Metals Limited (ASX: SMD) (Company) is pleased to announce that it has received acceptances from sophisticated and professional investors and from companies associated with two directors (Mr Langworthy and Mr Morgan) under a placement to raise $200,000 (Placement)."
Ann: Placement and Entitlement Offer to Raise $0.533M, page-3
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