TSX:SGR.UN - Post by User
Comment by
maypeterson Apr 02, 2021 2:49pm
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Post# 32932501
RE:Bought Deal
RE:Bought Dealwell said DD. Looks like most folks have no clue what the stock market entails. DanielDarden123 wrote: Before we all get hot, bothered and ridiculous, let’s remember that this is not tiddlywinks; this is the stock market. The issue price is negotiated by the lead underwriter and the issuer before the new issue is announced. The new issue closes on a later date and much transpires each and every day. Many factors will determine the level of trading upon closing. To expect a new issue to always trade above the issue price is simply ludicrous. If there is value in the company and it is being mispriced temporarily, opportunity abounds.