NOR norwood systems limited

Ann: Norwood partners with Fon to expand World Wi-Fi, page-108

  1. 465 Posts.
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    I suppose the underwriter would have expected to only have to underwrite a small position rather than a big fat position. Just speculating here, but I do not believe the SPP was extended because of "imminent" deals, rather it was the consequence of not enough interest from shareholders and an underwriter who was not too happy.
 
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