placement oversubscribed, page-25

RIV39 and others - if there was any truth to your concerns you will probably never know. However it would have to be insiders and their mates if it did happen that way. They wouldn't spread such information far and wide as they would get caught.

O_W would have been offered the subscription during the trading halt. I've got the same status with a stockbroker (not for this one though). They are generally really careful. Sometimes it is enough that people know that management has been meeting with stockbrokers and bankers. Also smart analysts might work out that a company is running close to the edge of their margin of safety or covenants. A producer needs to be able to ride out any disaster that may occur - for example floods or defaults on offtake agreements. Banksters are very tough in this current post GFC environment as well.

So it is not a definite that anything was leaked. Many traders would sell just because the share price is going down, and need no other reason, including myself about a month ago in that category - I just took a small loss to protect myself.

If you are trading or investing in stocks, it really is best not to think that you have been hard done by, as it messes with your thinking, and you need clarity to make good decisions.

After losing money - it is always important to review your initial reasons for a trade, and the timing of making the trade, and when you might have been wise to cut your losses, so that next time you cooly enter a long position on total anger or panic and close it on rampant optimism.

Not that I will claim to be anywhere near perfect - and I may still lose money on this trade - but doing lots of post mortems has increased my profits dramatically.