The wording indicates that the 10.8 million is going to spread out over 18 months evenly. Ie it won't be a lump of shares at the end of 18 months but they have found a purchaser who will take them in installments paying as they go. It says spread evenly over the 18 months, meaning the installments may be monthly or quarterly for example.
Either way, we will find out exactly what's happening before trading reopens.
- Forums
- ASX - By Stock
- IDC
- post suspension open
post suspension open, page-4
Featured News
Add IDC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online