Thanks Gracie, It is lovely to see someone using Hotcopper so we...

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AffluentFoodie

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12/01/18

09:50

Post #: 30247568
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Originally posted by pgrace ↑

Ripper announcment. Screaming BUY IMHO providing technicals improve a little.

For those unfamilar with the term re-escrow, here are some definitions;

(1) Source : http://forums.whirlpool.net.au/archive/2587812

"ASX rules and guidelines vary, depending on the history and track record of the company issuing shares;"

"Shares held in an escrow account and in most cases cannot be traded or transfered until certain circumstances like time horizon have been reached. The use of escrow for holding shares is often done during acquisitions and for performance-based executive incentives."

(2) Source : https://www.investopedia.com/terms/e/escrowedshares.asp#ixzz53jnsIMJJ

"Excrowed Shares :Escrowed Shares held in an escrow account and in most cases cannot be traded or transfered until certain circumstances like time horizon have been reached. The use of escrow for holding shares is often done during acquisitions and for performance-based executive incentives.

Certainly an impressive act on managements part. They are in for the long haul, which means stability for BUD and concentrtion on revenue growth and building a global business that should reach way beyond our current $ 268 M market cap.

All the best to shareholders

Gracie

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Thanks Gracie,
It is lovely to see someone using Hotcopper so we can all learn more easily and have fun doing it with friends even if we never meet them!
Have a marvellous and profitable New Year

BUD Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

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