PDN 0.41% $9.79 paladin energy ltd

trading halt ...., page-20

  1. 211 Posts.
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    "price will be determined by the way of bookbuild"
    basically means PDN offers a number of institutional investors the opportunity to participate in the placement and the insto's then bid for the price at which they are willing to participate. PDN will have engaged investment banks to go out and seek the instos and achieve the best price, for a exorbitant success fee..
 
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