SAS 0.00% 1.6¢ sky and space company ltd

Ann: Placement for $10m Closed Heavily Oversubscribed, page-28

  1. 852 Posts.
    I alwasys wondered about a CR and the ability for cornerstone investors to immediately dump their shares on open for a handy profit. Is there any regulations in place that you can't sell your shares until a certain time? I thought I read in this thread as well that these investors might not even have these shares at their disposal yet. Is this the case?
 
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