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  1. #351
    Member
    Join Date
    Mar 2013
    Posts
    192

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    Quote Originally Posted by CJ View Post
    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.

  2. #352
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,255

    Default

    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.

  3. #353
    Member
    Join Date
    Dec 2011
    Posts
    108

    Default

    ditto Percy

  4. #354
    Pirate K1W1G0LD's Avatar
    Join Date
    Mar 2009
    Location
    The Pirate Bay
    Posts
    252

    Default

    and lets not forget those who just joined at $3.50. What a ride!

  5. #355
    Junior Member
    Join Date
    Mar 2013
    Posts
    26

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    Looking very thin on the sell side. Good times.

  6. #356
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,255

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    Quote Originally Posted by K1W1G0LD View Post
    and lets not forget those who just joined at $3.50. What a ride!
    Stunned.!!
    Lost for words.
    Yes what a ride.!

  7. #357
    Member
    Join Date
    Sep 2006
    Location
    auckland, , New Zealand.
    Posts
    419

    Default

    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.

  8. #358
    Member
    Join Date
    Jan 2003
    Location
    , , New Zealand.
    Posts
    251

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    Quote Originally Posted by zigzag View Post
    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.

  9. #359
    The Wolf of Sharetrader
    Join Date
    Jul 2013
    Location
    On my Superyacht
    Posts
    1,240

    Default

    Or fear of missing out on what everybody else has been getting.... Jump on!

    Disc still accepting donations of SML shares

  10. #360
    Member
    Join Date
    Mar 2013
    Posts
    192

    Default

    Quote Originally Posted by nextbigthing View Post
    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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