You guys all realise the pump screw Swami alluded to get most of...

You guys all realise the pump screw Swami alluded to get most of their shares at 1c and 5c in the pre IPO seed (called founders shares), but are escrowed for 12months or so (either ASX rules and/or helps to attract investor confidence they won't dump on IPO). So that's why they always say when people accuse them of dumping in the first 12 months, that they haven't - because they can't unless they participated in the actual 20c IPO raise. This is how most of the make money and why they all get in on lots of IPO - shares issued at 5c and even at 1c if they vend in projects. So 50k investment becomes $1 million on IPO at 20c - if you check the capital structure in the prospectus, you can see what I mean, all right in front of you. On a clean structure, project vendors will apply for max 5-10k worth of founders shares at 1c - perfectly acceptable for the hard work it takes to get private projects advanced enough (ie. geo reports, field trips, heritage and legislation etc etc) to vend in ready to go. 50-70k worth though?.........
Wait for the pump come time when the escrow period is over!!