Fowleyman is correct as i have been trying to point out for about a week!!!It's clear few people really understand what underwriting is...I suggest you read up about on the net I posted a link Underwriters being underwriters don't aim to lose money
MKT The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint
Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive