QBE 0.35% $16.89 qbe insurance group limited

The main question is as to why they do an institutional raising...

  1. 296 Posts.
    The main question is as to why they do an institutional raising (at a discount) which lowers the value of existing shareholders equity when it appears there is demand from existing shareholders. This is not looking after the interests of shareholders which funnily enough the fiduciary duty of the board.
 
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