Bell Potter often do CR without being an underwriter.
Value is often dislocated from demand. When this happens you'll see brokers acting as underwritters also, happy to bag a bargin if the markets still too blind to see the value, or happy to bag the commission if the market decides to take up all the placement..
c/r, page-56
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)