So does anyone know if there is a relationship between the underwriters and management?
IMO, they can’t be stupid enough to underwrite this without knowing they are going to make money out of this. How you ask? Firstly the exorbitant fees IMO that potentially could be charged and they have alluded to in the announcement (“less fees”). Secondly, IMO, management are already composing the news release to give them an exit strategy price spike. AIMO not fact.
- Forums
- ASX - By Stock
- CLZ
- Ann: Classic undertakes Rights Issue and Prospectus
Ann: Classic undertakes Rights Issue and Prospectus, page-35
-
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.439M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CLZ (ASX) Chart |
Day chart unavailable