Agreed, that's probably why Euroz kept selling.
But it's interestingly noted, another underwritter, Morgan Financial was a big buyer.
The massive new issues, do provide short term pressure on share price, but will not hold off share price forever, that's the opportunity, imo.
SEA, voting tomorrow morning, deal is to be completed next Tuesday.
A new SEA is coming next week.
STO, ORG, BPT, their share prices were suffering not long ago, but now are more than doubled for such large cap stocks.
SEA, should have own day within next few months, imo.
SEA Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held