ZEO 2.94% 3.3¢ zeotech limited

41% takeup is not a bad result given the 'climate'.I don't quite...

  1. 1,214 Posts.
    41% takeup is not a bad result given the 'climate'.
    I don't quite understand why they did not allow over subs. I can only think that the underwriters were very happy to take up the shortfall and therefore have a great deal of confidence in the future.

    I imagine some weakness in next weeks as some punters make a few dollars on selling their allocation. After that clearance it should be onwards and upwards!
 
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