about SIE, referring to it's (slowly) increasing profitability leading to higher SP.
What however about the huge quantity of shares held in escrow until November this year?
I've just read the company report from 2002 about the scigen spin-off and the following item about shares held in escrow.
Sonic with 48million in escrow = 11.5% of shares Sci-tech with 109million in escrow = 26% of shares directors with 30million? in escrow = 10% of shares
... that's a total of 46% of scigen shares to come out of escrow this november!
that escrow avalanche must have an effect on SP later this year?..... maybe put a damper on any potential rise I'd think.
SIE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
