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Backdoor listings looking shaky

The wave of backdoor listings on the ASX in the past year suffered a setback this week, with two deals being cancelled and a third business going into administration.

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23/10/14
$125k Bought
23/10/14
$25k Bought
23/10/14
$25k Bought
Total value as at the date of the transaction
Source: Morningstar

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