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1/31/17

The Red Eagle (R.to) bought deal term sheet

One thing's for sure; this overallotment will be fully filled. The only question I have is whether (and by how much) this bot deal gets expanded.


UPDATE: Six hours in and strong intel reaches IKN Nerve Centre that this is a very popular issue, they're beating money off with sticks and the chances of the bot deal being expanded are now very high. Look for this one to go to $15m (that's 17 and bits with the overallotment)