SBM 0.00% 21.0¢ st barbara limited

They are "underwritter", means they have mandate by agreement to...

  1. 2,550 Posts.
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    They are "underwritter", means they have mandate by agreement to take the shortfall if any.

    I just can't understand the theory that, due to this, the underwriter should have sold their existing positions down to $2.5 level? @maxybro
    Do you mean the underwritters have their own mandate of asset allocation or what?
 
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