I see that Domacom just announced to the ASX that 22,933,619 million shares are about to come out of escrow. I believe these included the CEO of Domacom , Arthur Naoumidis 18,000,000 odd million shares, which will also come out of the 2 year escrow. Arthur picked these up for a consideration of $50 for the job lot ( as I believe was notified in ASIC filings).
So I think my simple maths means that this component of his holding is now worth $1,404,000 @ 0.078 ( approx) cents per share .
Good Work for $50 dollars.
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- CEO Shares come out of 2 year Escrow on 7th November 2018
CEO Shares come out of 2 year Escrow on 7th November 2018
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