If the new issue was heavily oversubscribed at 78 cents, then why aren't those who missed out wading into the market and buying shares under 80 cents.
The difference is negligible.
Makes you wonder if the company is being entirely truthful?
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If the new issue was heavily oversubscribed at 78 cents, then...
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1 | 12512 | 0.080 |
1 | 17464 | 0.075 |
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0 | 0 | 0.000 |
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