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right. If I remember correctly the SP was underwritten at a...

  1. aarposs123
    110 Posts.
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    23/08/18
    11:11
    Post #: 35120519
    right. If I remember correctly the SP was underwritten at a discount only because underwriters charge a spread, so then underwriters like citi will be responsible to sell all the shares to the market. the floor price is 15.75 with a range of 15.75 to 17.05 from the report.
    Last edited by aarposs123: 23/08/18
    APT Price at posting: $18.55 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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