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Friday, November 26, 2010

Sabana Reit, Amtek IPO

Have just logged on to posb i banking and realised I've received 1 lot of Sabana. Will sell it off if it reaches $1.15 tomorrow afternoon. Unlikely though.

Amtek has just opened applications for its' IPO at $1.30 a pop.
Seems like out of it's 200 million shares, a substantial amount are vendor shares, and will be used to pay off it's creditors. Doesn't sound appealing...

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