Isn't a placement just printing more shares? SI's don't buy on market- they have shares made out of thin air, at a certain price, and hand over some cash. They're certainly not buying these on market.
PIE is just another deal to SI's. If they do several of these deals each year, and get say, 30% profit on each one, that's a good living.
- Forums
- ASX - By Stock
- Ann: Trading Halt Request
Isn't a placement just printing more shares? SI's don't buy on...
-
- There are more pages in this discussion • 51 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 CSK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online