re: Ann: AWB successfully completes equity ra... "How is it any fairer to those shareholders who did not participate to give shares to underwriters instead of shareholders who chose to participate."
The price was obviously too high or it would have been fully subscribed. Therefore the underwriters have taken on considerable risk. It's a commercial transaction, you need to look at it from that point of view.
Ann: AWB successfully completes equity raising , page-6
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