yes most escrow shares will be held by directors and the like. No doubt some will come onto the market from time to time but I very much doubt at current prices.
At first I thought the possibility of them branching the iron ore out to another IPO, which I hope did not happen as I mainly bought for the iron-ore. But now the co has changed names, this is now very unlikely to happen. Recently I have been selling some of my now UMC's for UMCO's for better leverage, given the right sell/buy prices to also increase my effective number of shares held. Expiry date of oppies is also good. I think this will very soon follow SRK's chart. Could not believe I bought SRKO 6 months ago for 24c and hit high over $1.50 (sold for a lot lot less though). Not anymore!!!
good post by the way needle.....
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united kimberley diamonds nl
yes most escrow shares will be held by directors and the like....
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