APC 0.00% 0.1¢ australian potash limited

Ann: Options Underwriting Over Subscribed-GPH.AX, page-52

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 603 Posts.

    Hartley's passed a lot of the burden to sub-underwriters. Hartleys also don't care about "value". The point of underwriting is to take a fee without needing to buy any stock. Buying stock is the last thing Hartleys want.

    0.1c is not enough margin to excite many option holders (except if they are long term holders that don't mind share exposure.) The market is not that "efficient".

    There is going to be a lot of nervous people waiting for that shortfall number.
 
watchlist Created with Sketch. Add APC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.