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?
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I think you will find the SP will be kept just under the 6c,...
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