RE:Why the discrepancy is spstock was trading at 10.70
company announced secondary at 10.10
6% discount to last trade
6% good discount
50% of stock got sold
sydicate is sitting with the remaing 50% give or take
When a stock does a secondary with a 6% discount and the banks can only sell 50%
well that is as bad as a sign as you can get
plus commodities rolled over to boot
deal closed today so expect a clean up trade next few days
would think the banks would run it up before they reprice the last 50% but who knows
buy sell repeat