GPT 0.63% $4.71 gpt group

capital raising, page-10

  1. 217 Posts.
    Who's the underwriter ?

    I doubt it will go near .35 with $1.2b already committed. Retail offer will probably struggle a little with so much blood on the floor.

    Ultimately this is a strong positive with the SP at these prices (yes - if you have held for a while its a kick in the goolies). When they we're in the .20's speculation was for them to go under ... that ain't goint to happen now, and with $1.2b underwriten someone believes in it.
 
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