re: Ann: AWB successfully completes equity ra... bongodrongo
The underwriters took a fee to accept shares at $1 a pop in the case of undersubscription. So they too a known risk for a known reward.
But the AWB directors have rewarded then further by scaling back retail holders to give more to underwriters. How is this "fair" to shareholders?
Ann: AWB successfully completes equity raising , page-7
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