BLY
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0.00% $2.91 boart longyear group ltd

According to the statement, there was a shortfall of 435m shares...

  1. Foweyman
    62 Posts.
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    10/09/09
    10:58
    Post #: 5623836
    According to the statement, there was a shortfall of 435m shares that were not subscribed to.

    The underwriters have sub-underwritten their underwriting commitments to insto investors. A question of how short-term these investors are as to whether we will see immediate selling pressure.
    BLY Price at posting: $2.85 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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