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BlueWhale01

186 Posts.

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21/06/18

18:57

Post #: 33866802
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Originally posted by Anton Chigurh ↑

It's a spread shell. Will gap up, base and tighten for a few months, then drop a project in. Probably trade between 25-35c until then.

Re: 1c shares, you're basically deemed a promoter by the ASX when you're in at that level, so often two years escrow for a frontdoor. 10c shares would be cash rule.

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Anton can you please explain what you mean by cash rule?
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