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0.6¢ livetiles limited

if it was so easy for them to raise capital why didnt they do...

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mitchy

685 Posts.

130

20/09/19

08:25

Post #: 40489163
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Originally posted by Magwheels5: ↑

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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if it was so easy for them to raise capital why didnt they do when the sp was 45c at 40c?
and @MTeach if that was aimed at me, im not trying to be derogatory here i just want substantiation for the title of the thread.

LVT Price at posting: 38.0¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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