DRA
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0.00% $1.96 dra global limited

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

  1. NordicInformer
    312 Posts.
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    16/10/18
    17:45
    Post #: 36144637
    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?
    DRA Price at posting: 19.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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$1.96 		Change
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