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Afterpay auction heads to $66, deal ‘covered through range’ – The Australian Financial Review

Afterpay’s $900 million share auction was “covered” at $62.50 a share heading into afternoon trade, according an update from its bookrunners.

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The auction launched at $61.75 a share on Tuesday morning, which was a 9.2 per cent discount to the last close. Street Talk revealed the deal.
The brokers’ jobs was to get the sale price as close to…

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