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Post Raise Craze set to Amaze, page-53

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mitchy

685 Posts.

130

19/09/19

23:12

Post #: 40487380
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Originally posted by JPjpJPjpJP: ↑

Underwriters get paid to take on the risk of holding stock not taken up during the raise. They are effectively a safety net to ensure the full amount is raised.

If you are positive you will get the full raise done, why would you pay underwriters when you know they won’t be left holding any stock.

It shows confidence by the company.

Hope this helps.

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Yep. So why raise at 35c not 40c and dilute less?

LVT Price at posting: 38.0¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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