$15m is chicken feed for Shaw to flog off to their clients who are willing to take a punt.
Very little risk to Shaw. They pick up their $600k fee and if they have to hang onto the stock, they got it at a 15% discount which they can then release gradually into the market. Their margin is already baked in. The SP will have to fall well below 2.5c before Shaw will make a loss.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.63M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| NET (ASX) Chart |
Day chart unavailable