TTT 4.76% 11.0¢ titomic limited

Didn't this have a stack of Escrow released recently?see ann...

  1. 2,835 Posts.
    lightbulb Created with Sketch. 714
    Didn't this have a stack of Escrow released recently?
    see ann 30/9/2019
    58,409,882 released.
    The preceding ann. said "The Company is pleased to announce that the founders will not sell any equity holdings they own or control
    (directly or indirectly) being released from escrow unless to help facilitate a future major investment in the
    Company by a key strategic investor, or as part of a managed market distribution process."

    This recent fall might be part of a "managed distribution process"? That is a lot of shares for the market to absorb.
    The escrow volume was one of the reasons I didn't get into this initially. Maybe it will be better value after they have been disposed of a proportion in the market but I don't think the SP will fly again before that. On the bright side they will be trying to preserve as much SP as possible for any remainder.
    GLTAH
 
watchlist Created with Sketch. Add TTT (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.005(4.76%)
Mkt cap ! $111.1M
Open High Low Value Volume
11.0¢ 11.5¢ 9.6¢ $636.1K 6.165M

Buyers (Bids)

No. Vol. Price($)
2 65100 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 47230 2
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
TTT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.