Bought DealThe bought deal that gave TWD $15 mil in capital must have had a whopping discount off the $3.20 per share price for the underwriters...my thought would be at least 25%. Be interesting to see if any shares are picked up in the 30 day over-allotment period or if the underwriters got burned (hardly) and are stuck with dead money. I know that retail investors can see a deal like this as confidence in a company but remember the investment bank's d.d. would be highly conservative on the valuation on a speculative play like TWD and will only undertake it if profit is almost guaranteed.