PGX 0.00% 54.5¢ primero group limited

Ann: Pre-Quotation Disclosure, page-13

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,514 Posts.
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    Over 40 million shares hanging over current shareholders heads if the SP gets to 52 cents for 10 trading days......lol. If that not an overhang then what is ? They managed to shift 12.5M shares at the IPO, only another 81M to go.

    Escrow Arrangements + 50% of Founder Shares subject to escrow until FY19 results + Provision for Early Release – half of the above Founder Shares potentially released from escrow after the FY19H results if the Company’s VWAP is 30% above issue price for 10 consecutive days immediately at or following the results release + 50% of the Founder Shares subject to 24 month escrow period from IPO
 
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Currently unlisted public company.

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