because the underwriters do not wish to have their capital stuck in the shares. Underwriters are not share investors.
Their capital is liquid.
Ann: IOOF Retail Entitlement Offer opens, page-70
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Last
$2.29 |
Change
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Mkt cap ! $1.535B | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.32 | $2.28 | $3.844M | 1.673M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11924 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 14923 | 2 |
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