JRV jervois global limited
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JRV Cobalt, page-523

  1. benwex2
    2,236 Posts.
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    12/07/23
    23:41
    Post #: 68758301
    I think you will find the SP will be kept just under the 6c, around 5.7 to 5.9c till the raise closes..

    The underwriter will then get a good amount of the shortfall plus all the other Instos will have a huge number of shares at 6c

    Then the price will go up magically...

    Maybe I am too cynical?
    JRV Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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