Thx JP again for helping mitch understand why a company underwrites.
Mitch read what u wrote why would LVT not pay $2m in underwriting fees when the raise was done in an hour and then query the cost of a raise that u wanted to waste another 2m on. Comon mate think before u write. Nearly all cap raise are done at a discount
"why would they buy at 40c when the market price is 38" - who paid 40 when market price was 38 - mate ill read ya posts for comedy but thats about it - im not responding anymore - time wasting - good luck
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