Stories
Slash Boxes
Comments
NOTE: use Perl; is on undef hiatus. You can read content, but you can't post it. More info will be forthcoming forthcomingly.

All the Perl that's Practical to Extract and Report

use Perl Log In

Log In

[ Create a new account ]

Journal of nicholas (3034)

Monday July 21, 2008
04:42 AM

Poor poor underwriters

[ #36971 ]

The top mortgage lender announced that just 8.29% of the new shares offered in its £4bn rights issue were taken up.

Underwriters Morgan Stanley and Dresdner have two days to find buyers willing to pay at least 275p a share before they have to buy the shares.

http://news.bbc.co.uk/1/hi/business/7516640.stm

Poor poor underwriters. My heart bleeds. They knew the risk, and they ought to be capable of remembering the Government's third privitisation issue of BP shares (which probably predates the Internet's knowledge, so I'm not going to hunt for a link).

The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
 Full
 Abbreviated
 Hidden
More | Login | Reply
Loading... please wait.