EXT 0.00% 0.8¢ excite technology services ltd

Ann: Rights Issue Prospectus, page-14

  1. 1,787 Posts.
    lightbulb Created with Sketch. 87
    "eg, do they keep the price down leading into the entitlement (because no point buying on market)

    and then they pump the price up after so the investors and underwriters can realize their investment? "

    not quite, imo/jmt
    before the pump can occur there is usually a period of tree shaking >
    hit some stop losses,
    see how committed ppl really are

    do another CR > rinse&repeat > more dilution for SH
    nothing to see here





 
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