APC apc minerals limited
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They are being too cute calling an underwriting agreement...

  1. Vainglorious
    603 Posts.
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    25/08/16
    10:53
    Post #: 18670284
    They are being too cute calling an underwriting agreement "oversubscribed". Underwriting is successful or it isn't. At best, too much demand means the agreed underwriting fee was too high. It is better to have 99% underwrote at 1% fee than 100% at 6%.
    APC Price at posting: 9.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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