How Bradshaw uses the term
Bradshaw compares the amount paid per share with nominal value. An allotment at or below nominal value is left out of rounds, as it is usually an option exercise, growth shares or a bonus issue. In a priced round the premium is the amount paid above nominal value.
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- The rule: What counts as a round, on the method page.
- Related post: What a share allotment filing does and does not tell you
- All terms