SP8 12.5% 0.7¢ streamplay studio limited

That's one way of looking at it. I was thinking an underwriter...

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    That's one way of looking at it.
    I was thinking an underwriter is always good to have in the background - stuff happens, as we've just seen. Now there is no underwriter, and the company is only holding $118,000 from the first (delayed) round, has the underwriter done a runner, thanking his luck stars, or is it as JRPC suggests, a positive saving of unnecessary expenditure?
    B22.
 
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