D13 0.00% 4.1¢ delaware thirteen ltd

Ann: Appendix 3B - Release of Restricted Securities from Escrow, page-4

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  1. 4,549 Posts.
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    I posted this in the STT threads so will re-post here for everyone's benefit...

    D13 commercialisation of MESMER is due for Jan 2017. 24M shares came out of escrow yesterday. I thought they would be released in Jan but the 12 month escrow period starts from re-compliance with the listing rules.

    From page 35 of Prospectus (https://hotcopper.com.au/threads/ann-prospectus.2643047/#.WFj1BFwdQ08)



    I can't find anything that states that these lender shares were not 10c per share. It's probably reinforced as to why the share price has not dipped under 10c for too long and too often as the public offer and the remaining 200M+ shares in escrow for 24 months were 10c per share.
 
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