STT Weekend Lounge: 24 -26 Oct, page-14

I'll add to the above that most founding directors (but not all) and some well connected sofi's will have filled their boots with seed capital prior to the stock listing for a massive discount to the initial list price ie 3c seed cost for a stock worth 10 or 20c on listing... when you already have 10 -50 million shares @ 3 or 5c buying another $10k worth at 20c or more holds no appeal understandably ... How do I know? ...well I have participated in a few at various times. (Disclosure: I am not a director of any ASX company)