Not sure if you know how sub-underwriting works Simon. It's not the company itself which takes on the shares - it's dumped on clients and dealers who take the risk of soaking up short-fall shares in return for an underwriting fee. I suspect we will see most of those shares hitting the market in a month.
Also - I read the AFR "correction" article too (unless they duplicated it twice) - and you didn't exactly do a straight copy and paste did you i.e. " Someone else may be selling, but it wasn't Bell Potter" wasn't stated at all in the article. BTW - Bell Potter have been the second largest net seller of the stock since the 1st of May (second to Deutsche). Enjoy
Ann: PAR CORRECTS AFR ARTICLE, page-10
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
25.8¢ |
Change
-0.003(0.96%) |
Mkt cap ! $89.31M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.0¢ | 25.0¢ | $836.4K | 3.112M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 68962 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 130162 | 7 |
View Market Depth
| Last trade - 14.50pm 18/09/2024 (20 minute delay) ? |
| PAR (ASX) Chart |