KfW IPEX-Bank UFK Financing Example, page-21

fair enuf but institutions/ sophistos thinking they can pick up a placement/equity raising instead of buying on market has also been raised here for the capping etc.
remember all the talk of the options expiring just out of the money 20 cents?

anyhow going offline for day. Tangible, Simpla, pavbar have replied to patient or covered this issue before.
i expect some reply by PatientMan, some further discussion on it and not for the thread to be diverted off on another topic. re what have 'we' been smoking ?

cheers, gotta go.