It means the shortfall was fully taken up in late October and early November.
In any underwriting arrangement, the Underwriter can cause and procure other parties to take the shortfall, which they often do if there is demand for the stock.
This is what happened with Armour.
If Mather took the stock as Underwriter, there would have been a change in Director's Interest Statement lodged.
Hopefully I have clarified the facts. I do not intend to make any further comment.
- Forums
- ASX - By Stock
- AJQ
- Ann: Final Director's Interest Notice (Stubbs)
Ann: Final Director's Interest Notice (Stubbs), page-7
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AJQ (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.31M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
AJQ (ASX) Chart |
Day chart unavailable
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online