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Thanks for your explanation mate, I had to read it a few times...

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BlueWhale01

186 Posts.

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21/06/18

20:51

Post #: 33869058
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Originally posted by Anton Chigurh ↑

Hey mate, escrow portion is IPO price minus the seed price. So if you took seed at say 12c on a 20c IPO, your escrow is 20-12=8. That's the cash rule. Exception is if the seed discount is 20% or less (>16c for a 20c IPO) = no escrow.

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Thanks for your explanation mate, I had to read it a few times but now I think I have it!
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