why is cdu only $1.66 ?, page-8

  1. 2,755 Posts.
    Hoots
    Why was the underwriter willing to gamble that they could end up forking out $50 million @ $2.50 per share with a free option? Could it be that they thought there was value at that price? You seem to concentrate at $30 000 worth being sold at $1.50 rather than raising 1 600 or 1 700 times that amount at $2.50.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.