CMC 0.00% 1.1¢ china magnesium corporation limited

great deal !, page-6

  1. 7,857 Posts.
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    True Kimberley Dreamer. That was probably just the standard line.

    I would have thought a normal sophisticated investor (dumper) would have demanded a discount to the closing price on the day of the trading halt.

    To be able to have placed these shares at a premium would indicate it has in fact gone to long term investors/funds who are not expected to dump straight away.

    I wonder if they were given more information than a bunch of photos before they decided to invest.
 
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