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Indo Mines announces $50m placement

Indo Mines shares spiked on the ASX today after the explorer announced its cornerstone shareholder, Indonesia’s Rajawali Group, had agreed to kick in $50 million through a share placement.

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29/10/10
$25k Bought
20/09/10
$1.5m Bought
26/05/10
$660k Bought
Total value as at the date of the transaction
Source: Morningstar

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