The deal was 100% underwtitten so there was no risk of the necessary capital not being raised...
The underwriting was done at a 15% discount to fund an accretive acquisition , so the brokers were not really taking any risk at all... and they got paid 0.48% management fee and 1.9% underwriting fee... that means total fees of $7.2m to the friendly bankers. Not bad for a what is pretty much a zero that did not take any risk at all...
The deal was 100% underwtitten so there was no risk of the...
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Last
$6.32 |
Change
0.030(0.48%) |
Mkt cap ! $6.991B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.36 | $6.24 | $5.884M | 931.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12212 | $6.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.33 | 9859 | 1 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| SDF (ASX) Chart |