So after some research, I couldnt find the exact table of who was escrowed to July 2021 but have worked out a percentage based a couple of individuals that had how much was escrowed to about 93% of there initial seed investment being at 2.4 cents
I am slightly out 21 mill was the escrowed amount and Ive got around 23 mill. I wanted to cross compare to see who is selling from Oct 21
One thing I did notice is when Jason Loveridge potentially split up with his wife and the shares were distributed (majority were all escrowed to 1 July 21) this was approx 1.77 mill shares. (If I was an ex wife Id want my money as well as stuff over my ex) potentially shes selling those shares or drip feeding them hence the cap on the price at the moment. Pretty hard to dump 1.77 mil shares on market. There are other small holders under 500k I cant monitor but the remaining holders haven't changed holdings since inception so maybe thats where the selling is coming from potentially because that 1.7 mill shares had to go somewhere (announcement 02/06/2020) + of course the impatient daytraders who got caught up top, but I think they have sithered through by now. Got to remember our VWAP is 80 cents since inception.
Thoughts?
- Forums
- ASX - By Stock
- IXC
- Ann: Withdrawal of AGM Resolutions
Ann: Withdrawal of AGM Resolutions, page-22
-
- There are more pages in this discussion • 79 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IXC (ASX) to my watchlist
|
|||||
Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.260M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 68013 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.5¢ | 8695 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 68013 | 0.070 |
1 | 100000 | 0.063 |
1 | 100000 | 0.062 |
2 | 158500 | 0.060 |
1 | 100000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 8695 | 1 |
0.080 | 19000 | 2 |
0.083 | 4000 | 1 |
0.090 | 126146 | 1 |
0.095 | 100000 | 1 |
Last trade - 16.12pm 16/08/2024 (20 minute delay) ? |
Featured News
IXC (ASX) Chart |
Day chart unavailable