'not willing' - this is a choice
There is a simple way to capture the value as an existing holder. Participate in the raising.
There are no agreements with institutions rever subscription, it is generally a normal part of an entitlement offer these days.
If Wellington agree with Co. that the project is value accretive, then it it highly likely they will bid for over allotments and short of that sub-underwrite the deal.
Underwriting fee is cost of doing business
do you understand how institutional ECM works?
More thoughts, page-12
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Last
$1.83 |
Change
0.050(2.81%) |
Mkt cap ! $1.466B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.84 | $1.79 | $8.392M | 4.606M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6282 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 79500 | 3 |
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