D2O 1.08% $1.38 duxton water limited

My read is that the 16.2 million shares have been / will be...

  1. 428 Posts.
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    My read is that the 16.2 million shares have been / will be issued to the underwriters rather than it being intended that D2O will run a shortfall bookbuild process. A direct approach to the lead underwriter might be the answer to determine if, when and at what price they’re prepared to sell.

    Given the share price only hovering above $1.50 since the issue opened, for me it’s no surprise that there was only a 45% participation rate. The question is whether the share price will return to $1.70 ish in the next few months, thereby creating a buying opportunity at todays level.
    Last edited by SouthernLad: 03/08/23
 
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$1.38
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