Sorry minerva, of course you're right about JPM being the underwriter. I wrote that post in a rush. What I was getting at is that HOPU were always going to take up some of the retail shortfall to get up to their 15% holding. PDN must've been confident the retail EO wasn't going to be fully subscribed or else they adjusted the numbers to suit.
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Open | High | Low | Value | Volume |
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16 | 8935 | 9.110 |
16 | 11329 | 9.100 |
10 | 14311 | 9.090 |
10 | 18331 | 9.080 |
Price($) | Vol. | No. |
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9.140 | 21193 | 35 |
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