Spoke to my contact at Morgans, placement was oversubscribed and big scalebacks. My broker said his clients only got about 1/3 of what they bid for such was the demand.
Judging by the market action over the last week, potential buyers knew a cr was close and were sitting on the sidelines until it was done and dusted. Might be worth a punt now.
Ann: Trading Halt, page-26
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)