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23.5¢ damstra holdings limited

Ann: Release of securities from escrow, page-8

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bullishstock

26 Posts.

3

03/09/20

16:10

Post #: 47064050
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Originally posted by Ferriz: ↑

My question was targeted towards the released escrow shares, not on the trend of the last 4 months.

The shares were released on the date of the financial results announcement (27/08/2020) and probably caused the adverse effect on the "fantastic results".

If the owners of the released shares are senior management or directors, I guess it's more likely that they would hold on to their shares. If it's just a former capital provider, they will try to realise a return on their pre-IPO investment.

Given the high volume at the moment, I expect the sell-off to end sooner rather than later and then we'll hopefully see the positive effect of the result. Could be a good chance to buy now.

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2 NEDS & CFO

DTC Price at posting: $1.89 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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