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04-09-2013, 10:33 AM
#351
Member
Originally Posted by CJ
its a lock- up, not a forced sale. If they didn't sell their shares into the IPO, they have to hold on to (most of) those shares for a year.
Post the IPO existing holders were allowed to sell a maximum of $300,000 worth of shares ( using $2.20 as the divisor ) in the period up to the release of the 2013/14 results expected next September.
Disc: I have sold my allowed number and now MUST hold the balance until this time next year.
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19-09-2013, 10:51 AM
#352
On behalf of all of us, may we offer a warm welcome to the buyer at $3.38, and congratulate the person who brought a small parcel of SML at $2.40.
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19-09-2013, 11:28 AM
#353
Member
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19-09-2013, 11:31 AM
#354
and lets not forget those who just joined at $3.50. What a ride!
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19-09-2013, 11:36 AM
#355
Junior Member
Looking very thin on the sell side. Good times.
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19-09-2013, 11:37 AM
#356
Originally Posted by K1W1G0LD
and lets not forget those who just joined at $3.50. What a ride!
Stunned.!!
Lost for words.
Yes what a ride.!
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19-09-2013, 11:59 AM
#357
Member
When is their annual result due out? I think it may be next week. If so, todays increase could be people speculating on a good result and good outlook.
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19-09-2013, 12:05 PM
#358
Member
Originally Posted by zigzag
When is their annual result due out? I think it may be next week. If so, todays increase could be people speculating on a good result and good outlook.
or with insider knowledge.
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19-09-2013, 12:09 PM
#359
Or fear of missing out on what everybody else has been getting.... Jump on!
Disc still accepting donations of SML shares
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19-09-2013, 12:27 PM
#360
Member
Originally Posted by nextbigthing
Or fear of missing out on what everybody else has been getting.... Jump on!
Disc still accepting donations of SML shares
Boy , this is amazing , for an exporter to be up this much over recent weeks while the Kiwi$ has climbed from 78c to 84c you have to scratch your head a little !!! ???
Disc: hold 64,299 SML
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