IPO update, page-473

First 473 Last

Share
Profile

Follow
Portela1

1,263 Posts.

77

02/07/21

10:29

Post #: 54231742
Share

Originally posted by HonyakuKonyaku: ↑

I'm just thrashing around in the dark like most on here at the moment. I guess that individual V-stock employees are not aware of what is in the F1, so they are just giving a standard response. If we believe the F1, which I do, then yes, G med will probably contact V-stock before the lock-up expires and all shares will be automatically unrestricted without the need for letters. We will then have to go through the process of getting them on our individual trading platforms. With regard to rule 144, it says at the bottom of the quote I posted that G medical will not 'acknowledge a disposal'. I take this to mean that G med will not give you the letter to un-restrict the shares before the lock-up period expires. Maybe a lawyer could force them to do so, but it seems unlikely as these 'Articles of Association' would seem to trump rule 144. Yes, the lock-up period is still a mystery. Everything I read about IPOs indicates that 90 or 180 days is the norm.

Expand

IMO VStock are as much in the dark as we are and therefore provide a standard response. They have restricted shares in their registry and receive requests from the SH for a transfer. What advice would you provide in the absence of any direction from the company...the standard response for lifting that restriction. GLTA

GMV Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

FG1

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

AI stocks: What to expect in 2024-25

LKE

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

Talking Australia's very competitive property landscape: Realty Talks

MCT

Metalicity looking for offers on Admiral Bay zinc project

GNX

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

IMR

Imricor raises $35M to pursue growth and expansion into Australia and NZ

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

There are more pages in this discussion • 1,097 more messages in this thread...

First 473 Last

Add GMV (ASX) to my watchlist

IPO update, page-473

Top Stories

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

AI stocks: What to expect in 2024-25

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

Talking Australia's very competitive property landscape: Realty Talks

Metalicity looking for offers on Admiral Bay zinc project

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

Imricor raises $35M to pursue growth and expansion into Australia and NZ

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

Featured News