I am not surprised that the underwriter has walked away, I suspected that this would be the likely announcement as I mentioned in a guarded way in my last last post, the conditions applying to the price of shares on the market versus the cost of exercising the rights looked likely to breach the underwriting conditions.
Better places to put my money.
I will hold the shares I have had for now in the hope that some white knight will recsue me.
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I am not surprised that the underwriter has walked away, I...
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