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Dick Smith not surprised Dick Smith shares have bombed

2015-12-07 09:49:27| Grocery - Topix.net

Dick Smith has been pilloried by the market, making it even more incredible that Anchorage Capital was able to float the company for $520 million just two years ago. Investors who bought into Dick Smith should not have been surprised to see the value of their shares all but obliterated, the retailer's eponymous founder says.

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