fully underwritten death spiral

  1. 39 Posts.
    lightbulb Created with Sketch. 15
    Fully underwritten at 3.2c, adjusted down to 2.8c and now 2.4c. The stock has thin liquidity at 2.3c and looks like its heading down. If the underwriting is firm, why isn't the price?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.