RE:RE:NEWS: Equity offering now completeGiving credit when credit is due.
I've seen bankers wiggle out of bought deals in the past due to a clause usually in their agreement with company on major changes in market conditions.
I too was surprised that any part of the underwriter allottment was taken.
It would come as no surprise to see major shareholder now bid for remaining shares at maybe a small premium to the 52 week hugh at $1.40. Rest assured if Young and the boys get to keep their jobs or nice golden parachutes, they will go along.
To My American friends, Happy Thanksgiving.