Is there anything to stop an underwriter putting up their hand for shortfall after the initial documents go out?
Also IMO an underwriter is a good sign as it means there's an insto. (s) prepared to back the company at the offer price!
Ann: Successful Completion of $120m Underwritten Placement, page-40
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Last
$1.19 |
Change
-0.205(14.8%) |
Mkt cap ! $895.9M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.24 | $1.12 | $51.74M | 43.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 269708 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 182439 | 43 |
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| Last trade - 15.54pm 01/08/2024 (20 minute delay) ? |
| DRO (ASX) Chart |