Hi BkrDzn
That answers the question. Shareholders took up $2.6m of the $4.8m in stock offered with the underwriters to take the balance. People complain about instos getting placements and shareholders missing out but you can see why companies want to make sure of their raisings by taking insto money.
We'll do well out of this I think but selling by the underwriters might need to be cleared first. Good news bad news.
