SAS 0.00% 1.6¢ sky and space company ltd

It is good to see that the management have vowed not to sell...

  1. 2,406 Posts.
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    It is good to see that the management have vowed not to sell their escrowed shares that are coming out of escrow, it would of sent a terrible message if they decided to sell 85,000,000 shares into a very weak market. So who are the holders of the remaining 15,000,000 that are coming out of escrow from the pool of 100,000,000 and at what price did they obtain those shares? There is no mention of the intentions of these holders so they may flow onto the general market. I hope they do not try to sell all at once, the sp would come under extreme short term pressure. Imho.
 
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Currently unlisted public company.

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