BLY 0.00% $2.91 boart longyear group ltd

CookieSorry I got it. It is possible that underwriters could buy...

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    Cookie

    Sorry I got it. It is possible that underwriters could buy to increase the price, so that people subscribe to their entitlement. But it is too late for that. Most people do not use Bpay. Also there are too many large institutional sellers. The only people who can increase the price are the underwriters. By buying heaps and burning the shorters. But this will happen only if they are confident about the profitability and growth of the company. They will not buy heaps in high risk ventures.
 
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