LDX 9.62% 4.7¢ lumos diagnostics holdings limited

I was curious about this announcement, but now not so curious....

  1. 47 Posts.
    I was curious about this announcement, but now not so curious. From the prospectus:

    https://hotcopper.com.au/data/attachments/3453/3453076-c61859d607310651c97ce9dba72f1e20.jpg
    What's the rational behind this kind of incentive? How common is it? Why would the board be interested in keeping the MC over a certain amount within the first month of listing?
 
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