RE:57,200,000 units of C$0.35 per Unit, expect sharp sp riseGood one....
whisky11 wrote: In my opinion, underwriters have a group of investors, those investors have a group of buyers, everybody will make money, whisky11 included.
Bought deals are further shown to have smaller offer price discounts and smaller underwriting fees, implying superior pricing and thus, higher quality offerings. These findings suggest that investment banks' underwriting method of choice is informative of issue quality
Issurer company (Namaste) provides information about the company, its management team, recent financial performance, and other related information that investors would like to know. is filed. A bought deal eliminates the financing risk faced by the issuer company.