MVT 0.00% 16.0¢ mercantile investment company ltd

sub-underwriting

  1. 107 Posts.
    Hi everyone, Just after some clarification, on page 4 of the half yearly report stated, and I quote "The company committed to a sub-underwriting agreement for $1.9 million on 11 feb 2013" Does this mean someone else has agreed to inject their own cash in for a stake in the company. Any comments welcome cheers
 
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Currently unlisted public company.

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