Wondering if someone could please clarify if i have understood this correctly....
There are 1 billion shares coming out of escrow to add to the 1.8 billion shares already issued.
After 31st May, does this mean that there are 2.8 billion shares available, or are they only available if the directors decide to sell them?
I know that the directors have committed to not sell any shares, however hypothetically speaking, lets say a director decides to sell 200 million shares, then would that mean that we would have 2 billion total SAS shares (1.8 bill + 0.2 bill = 2 bill)?
I guess my question is around dilution, and if this only happens if a director decides to sell.
- Forums
- ASX - By Stock
- SAS
- Ann: Founders Commit to Additional Escrow Period
Ann: Founders Commit to Additional Escrow Period, page-35
-
- There are more pages in this discussion • 90 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SAS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online