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re: Ann: MQG: Macquarie offer to eligible uni... only a guess,As...

  1. Blackrivered
    3,337 Posts.
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    22/04/09
    11:13
    Post #: 5038271
    re: Ann: MQG: Macquarie offer to eligible uni... only a guess,

    As MQG are not paying for the units but are taking the liability, they might have structured the offer as an underwriter hence they might avoid the 20% rule.

    eg if 60% of people take up their allocation then MQG(if sole underwriter)would own 40% of units(ex original holding
    BCS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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