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Ann: ECQ Exercises Opitons to Acquire Cynata Inc , page-34

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  1. 6,725 Posts.
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    re: Ann: ECQ Exercises Opitons to Acquire Cyn... dave, I agree that it's not the same as ahz but I don't agree with your underwriting conclusion. I think that only refers to the shares that they get - ie what shareholders don't take up. And IF the underwriters are able to get commitments for the shortfall, they don't have to sell them on market. That might not make a difference if they get sold anyway but there's also the possibility that at least some of those third parties might be "strong hands". Might be wrong, but that's how I read it.
 
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