DRA 0.00% $1.96 dra global limited

Underwriters fee may define HK max price to about 0.21-0.25 A$ ?, page-8

  1. 312 Posts.
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    I don't get this underwriting business.
    Share price is 19.5 cents in ASX. If underwriter would need to keep the price
    at 35 cents, when may shareholders from Australia would like to sell their shares,
    underwriter would risk losses of millions, even ten or twenty million?
 
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