Unless I have this wrong: we are paying an underwriting fee to ensure that we are diluted by the outstanding options??
The boards of these LIC's are surely walking a fine line in not acting for the shareholders but instead act for the Manager who clearly wants the options exercised so that they have more FUM to manage and charge fees.
Ann: Disclosure Document PGF Underwriting Announcement, page-2
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Last
$2.28 |
Change
0.010(0.44%) |
Mkt cap ! $1.062B | |||
| Open | High | Low | Value | Volume |
| $2.28 | $2.30 | $2.26 | $882.6K | 386.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34706 | $2.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 9738 | 2 |
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