RES 0.00% $4.61 resource generation limited

there is a massive overhang from the underwritter that got stuck...

  1. 653 Posts.
    there is a massive overhang from the underwritter that got stuck with stock that they probably never wanted.

    There should be a rule that puts underwriten stock in escrow for 12 months, so companies cant just take the fee and then dump (or drip) the stock onto the market.

    Its a big fat rip off!
 
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