KAR 0.29% $1.71 karoon energy ltd

So do i understand this correctly? the underwriters were forced...

  1. 349 Posts.
    lightbulb Created with Sketch. 57
    So do i understand this correctly? the underwriters were forced to aquire the 78
    % of shares that were not taken up by retail at $2.05 and are now selling them at a loss?
    Can anyone estimate how many they had and have left to sell?
    I am thinking the sp could be under pressure for a while with this overhang and the decling op.
 
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