From my reading of company advice, Wroxby will not be taking up any unsold retail shares. I read that the retail sub-underwriter will be taking them up. I believe that with only 20% of the retail shares being taken up by shareholders, the sub-underwriter will need to stump up over $20 million to acquire the unsold shares. Did they budget for that level of take up?
The new retail shares will list on 16 October. How many of the sub-underwriters shareshit the market on that date.
Retail Shares
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