Interesting. We have been told different stories. I was offered at $4 fixed.
Every placement looks like a losing deal unless understood in terms of how it will benefit the coy into the future!
I didn't think about it too much. The broker just advised on the (strong) level of institution demand, expansion in Perth and how increasing utilisation rates is going to affect the bottom line. I didn't take notes. I said yes to a few. If they try to charge me more than $4, they can have the stock back.
Cheers.
PWK Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
