InvestorsHub Logo
icon url

tothe

12/02/21 10:26 PM

#45266 RE: KyOil #45259

KyOil; One possible ZNOG scenario from the S-3 Shelf and recoverable oil is syndication.

https://www.investopedia.com/terms/u/underwriter-syndicate.asp
"members of an underwriter syndicate are required to buy the shares from the company to sell to investors, as opposed to a company selling the shares directly to investors."