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0.00% $1.50 awb limited

re: Ann: AWB successfully completes equity ra... bongodrongoThe...

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  1. Free will
    10,486 Posts.
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    26/10/09
    10:56
    Post #: 5830084
    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?
    AWB Price at posting: $1.19 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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