Just got email which included:
"There has been sustained strong support from sophisticated international investors through a series of seed raisings prior to the lodgement of the IPO, with the most recent issued at 28 cents per share in April 2018. Investment from international institutions that have a market presence in Australia and New Zealand (where the Offer is open) is important as it will help to establish overseas commercial development opportunities and balance the capital market sentiment within Australia."
I didn't know there has been more than 1 seed, I only know of your 15c seed entry. I am heartened to read that the most recent seed was at 28c, not too far from the IPO 35c.
Would you mind letting us know the history of seeds? Prices, vols, dates. And if possible, any big names in the seeds etc.
I couldn't find that on the website, and it is useful background info.
14D Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
