I don't know if I have read something different or interpreted incorrectly but I don't believe we get the right to buy at $19.50. I believe we get the right to buy at 2.5% discount to VWAP after the $19.50 placement shares start trading. Only the new institutional investors get the right to buy at $19.50. I guess if the shares trade below $19.50 when they are placed then the shareholders are better off, if they trade above $19.50 they are worse off.
Ann: Presentation - Aurora Diagnostics and Capital Raising, page-4
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Last
$26.20 |
Change
0.310(1.20%) |
Mkt cap ! $12.91B | |||
| Open | High | Low | Value | Volume |
| $25.86 | $26.27 | $25.79 | $23.17M | 887.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3120 | $26.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.30 | 1000 | 1 |
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