News Focus
News Focus
Post# of 257553
Next 10
Followers 24
Posts 2259
Boards Moderated 0
Alias Born 04/14/2007

Re: iwfal post# 228013

Tuesday, 01/07/2020 8:06:00 AM

Tuesday, January 07, 2020 8:06:00 AM

Post# of 257553
That’s correct if by “offer price” you mean $17.00, but the price to the underwriters is 15.98. That’s what they can buy the additional shares at, and RVNC traded well above that (but under 17) for most of December.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today