http://www.theaustralian.com.au/busines ... 6013131009
BILLIONAIRE miner Andrew "Twiggy" Forrest, federal Liberal MP Malcolm Turnbull and former NSW premier Neville Wran are among the heavyweight backers of a Pilbara iron ore explorer that will list on the Australian Securities Exchange today.
It is understood Mr Forrest has tipped $25,000 of his savings into the float of Winmar Resources, which is named after former AFL champion Nicky Winmar.
Winmar Resources
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Con Gorozidis
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Con Gorozidis
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secretsaint
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Selhurst Saint
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The ASX has gone into meltdown today and has ceassed trading due to irregularities.secretsaint wrote:interesting - considering his current employment
"...If there has been one recurring theme through this whole shocking mess, it has been the misguided, inflated egos and their ill-judged determination to cling to long-standing old boy friendships. The bad advice that has guided the selfish and culpable James Hird has not only punctuated this saga but symbolised it..."
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Selhurst Saint
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For those interested, the share opened at 27.5c per share and is still 27.5c per share at the time the ASX stopped trading.
The shares were issued to shareholders at 20c per share, not a bad liittle first day profit.
The shares were issued to shareholders at 20c per share, not a bad liittle first day profit.
"...If there has been one recurring theme through this whole shocking mess, it has been the misguided, inflated egos and their ill-judged determination to cling to long-standing old boy friendships. The bad advice that has guided the selfish and culpable James Hird has not only punctuated this saga but symbolised it..."
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Selhurst Saint
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I agree, but the share rising on the first day beats the hell out of it going down.bergholt wrote:if you're focused on first day profits then you're doing it wrong.Selhurst Saint wrote:The shares were issued to shareholders at 20c per share, not a bad liittle first day profit.
"...If there has been one recurring theme through this whole shocking mess, it has been the misguided, inflated egos and their ill-judged determination to cling to long-standing old boy friendships. The bad advice that has guided the selfish and culpable James Hird has not only punctuated this saga but symbolised it..."
