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Where does it say that top 20 can't sell shares? Are they...

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Hollycozy

566 Posts.

93

27/11/19

16:18

Post #: 41665778
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Originally posted by simplepunter: ↑

I forgot to add: 70% of the register is now Top 20 owned (per the call).....so call it 300mn shares 'free float; for want of a better terminology...of that there is probably 50mn shares outside of Top 20 now being sold so as good as locked in. So, 250mn shares in the hands of people to trade around the edges.....

Ultimately, with 1:4 shares effectively not being sold or unlikely to come to market, price discovery is questionable. We'll only know the true value of this thing when it's acquired

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Where does it say that top 20 can't sell shares? Are they "escrowed"?

TTB Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
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