"""Hi I see this as playing into the Underwriters hands Would not be hard to guess who they maybe China I would suggest DYOR """"
Whoever wants to accumulate another 20m shares at $2.50, can do so through the underwriter, if holders do not take up their entitlement (if the sp is still at these levels).
They don't have to chase the sp to $4 or so (like M&G did) to accumulate such a large amount!
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- new jorc will be a good one.
"""Hi I see this as playing into the Underwriters hands Would...
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