News Focus
News Focus
icon url

trader59

09/10/18 6:36 PM

#98549 RE: Roach2 #98546

The common stock of this company is worth 50 cents a share today. When the underwriter decides what to pay for the stock they'll market, it'll be lower than whatever it is on the day the offering begins. Period. That's how it works on a public offering of additional stock for a company whose stock is currently traded in a market.