They will be released to the market inline with the yearly results. If the company is tracking better than expected from their IPO forecasts then you would think these shares will be tightly held. IPO price was $1.51, with the company using funds for acquisitions, which they have been successful in doing already. So I see upside in this company so was happy to roll the dice at $1.43, and will probably add more In the next few weeks.
Conversely as you say and the escrowed shares are sold off this would point to the yearly report being less than expectations and the SP would drop significantly. But from the research that I have done I am confident that this won't be the case.
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1 | 2600 | 0.390 |
2 | 28253 | 0.355 |
3 | 123200 | 0.350 |
1 | 1667 | 0.300 |
Price($) | Vol. | No. |
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0.445 | 1200 | 1 |
0.450 | 19509 | 1 |
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