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A) A company intending to make a public offer has to maintain the minimum RONW on post-issue net worth required to maintain the pre-issue EPS
A) A company intending to make a public offer has to maintain the minimum RONW on post-issue net worth required to maintain the pre-issue EPS.
(a) Yes (b) No
B. In a book-built IPO, the lead manager discovers the cut-off price at the level wherein complete subscriptions equivalent to one time of the offer have been received. Those bids below and above this price will be rejected.
(a) True (b) False
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