GREY:ATBPF - Post by User
Post by
Pragmatiston Feb 19, 2021 5:44pm
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Post# 32615209
Shelf Supplement
Shelf SupplementThe supplement isnow available on Sedar; The price to the public is $6.
"NOTES: (1) The Offering Price was determined by negotiation between the Company and the Underwriters, with reference to the then-current market price of the Common Share"
The price was likely determined before the recent escalation. It sounds like a good deal. for ATE..
My understaning based on research last PO, is that underwriters and their officers are not allowed to participate in Canadian public offerings , unless specifically mentioned. So they are selling to the public via brokers. And they want to offload these as quickly as possible. Their reward is the commission.