Sydney, A few of the downrampers of the last few days are actively working to promote the interests of sub underwriters. Subunderwriters stand to make good profits with what will be a very substantial company. Good on them. Sub underwriting adds much needed stability but the more the sub underwriters buy, the better their profits. Hence the concerted efforts to pour cold water on the price ATM and limit the total quantum from retail participants in the issue.
I will be buying every pair of shares + option I can get my hands on for 16c.
Sydney, A few of the downrampers of the last few days are...
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$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $5.542B | |||
| Open | High | Low | Value | Volume |
| $6.04 | $6.04 | $5.93 | $23.75M | 3.975M |
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| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128544 | $5.92 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 12481 | 2 |
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