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Ann: Release of Shares from Voluntary Escrow-MNQ.AX, page-16

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  1. 1,780 Posts.
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    Myself, I would sell and take the risk on a lower price because of the reasons above I spoke about but you have to decide what is right for you.

    I look from the point of view of what will happen near term and in my view with people selling out to close financial positions for either profit or losses and with a capital raising and the response to last week ann, I think most will wait until few more boxes are tick. In other words, I see no rush to enter this in the current state.

    And while others will tell you about FOMO, reality is, those predictions are few and far between of happening and that has been promoted on this thread in the past and look where the share price is now.

    No one knows what will happen with the escrow share but more often then not, when they ae released from escrow, they normally sell out. Time will tell and so will the volume but what we do know at this current point is there is no aggressive buyers who want to push this price higher and each day since last week announcement, it closes lower or hits a lower price each day.

    What ever you decide, I hope you do well with your decision and investing.
 
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