APT 0.00% $66.47 afterpay limited

One could assume the Potts boys are busy pumping it up to save...

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    One could assume the Potts boys are busy pumping it up to save face?
    Thoughts?

    "No flipping Afterpay.

    That's the instruction from Bell Potter ground control to its advisers this week, after handing them large parcels of underwater Afterpay stock.

    "Placement stock is now capable of being traded," went the allocation email message from Bell Potter HQ to the firm's advisers this week, to coincide with the stock landing in their brokers' and their clients' accounts.

    "However you are reminded that each person who accepted stock in this placement acknowledged that they had a current intention to hold the shares for 12 months."

    It's fair to say some advisers and their clients were shocked.

    Because there was no mention of any kind of escrow (apart from founder stakes) in Afterpay's presentation to the market."

    ...

    https://www.copyright link/street-talk/bell-potter-reminds-afterpay-investors-of-12-month-commitment-20190619-p51z51

 
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