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0.00% 10.0¢ soco corporation ltd

Ann: Trading Halt, page-23

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  1. vontrader
    23,919 Posts.
    lightbulb Created with Sketch. 752
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    20/12/16
    09:35
    Post #: 21451451
    Out of this IPO SOC receive zero benefit

    The stock is escrowed for 2 years, meaning even an initial pump (goodluck) in the SP won't translate to a rise in SOC SP

    A measly 2.25M shares retained, control of the asset gifted to GTT via the broker pool shares

    Does this sound like asset stripping ?

    Now you realise why even with a stellar Halls Peak intercept punters won't touch this
    Last edited by vontrader: 20/12/16
    SOC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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