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THE FIVE MOST READ STORIES ON RAGTRADER.COM.AU IN THE PAST FORTNIGHT.

1. Administrator profits

Creditors of collapsed ragtrader Phillip Smouha guffaw at a bill that equates to $42,000 a week by administrators. PPB revealed it would require $209,257 (excluding GST) for work conducted between 19 March and April 22.

2. Target baby blunder

Discount department store Target voluntarily recalls a garment aimed at babies and small girls after its zipper pull posed a potential chocking hazard.

3. Mercury rises

The books at trouble wholesale group Mercury Brands start to look a little better after it agrees to a payment of $575,000 and 9.3 million in share options to settle debt with investment trust group Brascan Unit.

4. Billabong's flat surf

Surfwear giant Billabong weathers some rough waters on the stock market after its share price plummeted by more than 20 per cent in the wake of a completed $230 million capital raising.

5. Herringbone changes

The new owner of trouble boutique shirt brand Herringbone reveals it intends to open 10 new Herringbone outlets in the next 24 months while also looking to take the brand to new markets including New Zealand and the United Kingdom.