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0.00% 23.5¢ cudeco limited

CDU Share Uptake %, page-29

  1. PhillW
    2,971 Posts.
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    10/05/16
    14:09
    Post #: 17724495
    I'm confused! If the placement is fully underwritten then why is the final date for placement of any shortfall on the 8th of August? Does that mean the underwriters have three months to sell the shortfall and if the case, do they have to sell the shortfall for 80c or do they take market price?
    CDU Price at posting: $1.11 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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