re: the undertaker Doesnt the underwriter get 50m of shares no matter what?
The details of this confuses me somewhat. I am of the understanding that they will get 50m of options at 4.8c (4% underwriters fees) on a FIRM basis. My confusion is the "sub"-underwriting bit.
Stanton-Cook said on Friday that they were looking to get between $5.4m and $7.8m of funds by Sep 30, meaning that he is thinking that there will be at least 107m new shares issues from October 1.
Still confused ...
I have an interest in GCR / GCRO ...
re: the undertaker Doesnt the underwriter get 50m of shares no...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GCR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $2.743M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $2.897K | 968.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2092205 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 3692280 | 5 |
View Market Depth
| Last trade - 15.59pm 15/10/2024 (20 minute delay) ? |
| GCR (ASX) Chart |