BMN 2.54% $3.07 bannerman energy ltd

ambulance chaser, page-53

  1. 1,517 Posts.
    except this is a tsx agreement
    Anyway if by some mircale the placement completes then
    the underwriters will be left holding 10.5 m BMN
    and they wont be good for the sp as they look to unload
    what they didnt expect to get stuck with.
    I took an underwriting fee on a placement nearly 2 years
    ago and it cost me alot to unload shares at a loss.
 
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