UNT 6.25% 1.5¢ unith ltd

Escrow release 15,385,140 ordinary shares 30/10, page-5

  1. 1,485 Posts.
    In the the last 12 months the former owners of track, the subscription business (and holders of these shares) have received ~$30m cash and are set to receive another $7m in the next 12 months.

    I hardly see them being in a rush to liquidate a relatively small $2.25m worth of shares any time soon. (At current levels)

    Reasonably confident they were willing to have some exposure to the new business.

    If they dump on release it may be a demonstration of their confidence in CM8s direction. Either that or the have very expensive hobbies.

    Maybe the vendors can exercise some of their 25c options with one of the three... the cash from the current consulting fees that they are charging.... that hefty earnout fee that was paid for the then zero business performance that followed.... Or the $85k per month of interest payments they still receive.
    You know, a bit of recycling haha. Just to give subscription marketing another nudge.

    Looking to see a nice reversal through November with this stock following the raise supply.
    Last edited by DollarDan: 18/10/16
 
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