Why such a discount?2 Aug 2021 13:12
Can someone help me to understand why the share offering/placing/giveaway (?) was offered to the market at such a discount? I'd never heard of the app (premiumbid?) they first spoke of, and feel a little annoyed that the company I have built a holding in since last year made an offer to the market before offering to existing investors, and at such a discount. I opted for an allocation through HL when it came through, but can someone help me to understand the rationale behind the discount and offer to market before investors? Thanks. domwah.