Also fairly new, could be wrong but basically:
Shares are sometimes offered to employees as an incentive. In this instance it looks like it was partnering with Westpac and Westpac missed its targets (see pdf for targets), so it will be missing out on about 4 million shares.
Check out investopedia!
Ann: Lapse of Securities & Securities to be released from Escrow, page-3
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$1.70 |
Change
0.020(1.19%) |
Mkt cap ! $2.151B | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.73 | $1.64 | $28.18M | 16.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 99289 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 116269 | 2 |
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