re: Ann: Rights Issue - Underwriting and Exte... I see it as positive news.
People were holding off taking up the entitlement as no one was sure of the underwriting agreement and didn't want to be a part of a minority if things didn't go well.
But now they have full underwriting for any looses shares that aren't taken up by investors. This give us investors the confidence that the company will get the cash no matter what happens.
- Forums
- ASX - By Stock
- Ann: Rights Issue - Underwriting and Extension of
re: Ann: Rights Issue - Underwriting and Exte... I see it as...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MSC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online