you have to remember that underwriters do not want to be...

you have to remember that underwriters do not want to be investors. They take a risk for a fee - a substantial fee. But they dont want to take up the issue themselves and be long term holders. Macquarie will have also lined up subunderwriters at the time of the ssp. So there could be quite a number of undividuals and companies hidden in all those MQB entities that want out even at a loss.

lets hope the buyers tomorrow are able to push sp higher despite the drip sell of MQB. At least we know that MQB are unwilling to kill the sp by large scale selling.