I bought a few yesterday - partly due to the iinet connections.
Here is a bit of a cull of The West Australian stories pre-float and after
(in no particular order);
cheers
Herd on the Terrace 29/01/21
https://thewest.com.au/business/her...taxpayers-in-cheers-to-diggers-ng-b881780949z
Gamer’s paradise
The crew at Euroz Hartleys had reason to smile yesterday.
Not only did the wireless internet provider Pentanet enjoy a successful debut on disallowed, Euroz set themselves up for a $1.1m underwriting fee thanks to their customarily-elegant completion of the $22.5m pre-float raising.
The float lead managers had already pocketed 2.6 million shares for work carried out in 2018 while Pentanet was raising cash and developing gamer Stephen Cornish’s vision of high-bandwidth technology filling holes in the NBN.
And with pre-float disclosures revealing Euroz, its staff and clients were sitting on about 64 million shares, it is likely that as usual, a fair chunk of the new issue will end up in the broker’s listed investment companies, Westoz and OzGrowth.
Still, with 49.46 million shares valued at $29m yesterday, Cornish will hardly begrudge a cut to Euroz and its clients.
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