One of their holdings, Straker Translations, is due to list early October so we will see an uplift there. A small portion of their holding, ~800k shares will be cashed out @ $1.51 while they will be escrowed on ~7.4m shares till release of the FY19 full year (~1.65m shares) and FY20 half year (~5.75m shares) results. The escrow is normal practice for early investors upon IPO. We will have to wait and see what they do with the cash realised.
BTI Price at posting:
88.0¢ Sentiment: Buy Disclosure: Held
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