ASX ANZ: Sleepy investment bankers made mistake: ANZ
ANZ said even if the market had known the underwriters took up $790 million worth of its shares, it would have been immaterial to its share price.
Source: afr.com
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ANZ said even if the market had known the underwriters took up $790 million worth of its shares, it would have been immaterial to its share price.
The author set out with his hounds to hunt down a black bear that had killed a camper in Colorado in the early 1970s.
ASIC says ANZ should have told its retail shareholders that there was a “significant” shortfall in its institutional placement being held by the underwriters.