RE: Typical VAL / BROKER scenario1 May 2020 20:13
Bank fool, the brokers are only compelled to buy the shares if it is underwritten by them.
Otherwise they hold no such obligation. The only other time is if they see a quick buck and can forward sell them. As what we witnessed about 3 weeks ago, and why we never saw a h9.dings rns from them.
As to what happens with this next placing is anyone’s bet ? But at this high price I can’t see them risking any more money.