VGM
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1.90% 53.5¢ victorian gold mines nl

These small IPOS are new to me. Could anyone explain the...

  1. Flybywire
    43 Posts.
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    11/11/09
    18:14
    Post #: 5901101
    These small IPOS are new to me. Could anyone explain the foundation and seed capital on page 17 of prospectus. Looks like founder gets 9m shares for $900 and seed capital is 4830000 shares at 5c each. This seems excessive to me when total shares are going to be around 30m and capital raising is at 20c.
    VGM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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