AQO 0.00% 27.5¢ ambassador oil and gas limited

Ann: Change in substantial holding , page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,719 Posts.
    lightbulb Created with Sketch. 114
    From prospectus:

    Prior to quotation, it will be necessary for certain Existing
    Shareholders (including Directors and their related entities) to enter into escrow restriction agreements with Ambassador.
    The effect of the escrow restriction agreements will be that
    the securities cannot be dealt with for a period as determined
    by the ASX, usually up to 24 months from the date of
    quotation of the Shares on ASX.
    Any Shares issued to Existing Shareholders under the Offer
    may also be classified by ASX as restricted securities and
    subject to restriction agreements.

    We don't have to worry about these share being dumped. Original investors will be wanting more than the original 20 cent issue price.
 
watchlist Created with Sketch. Add AQO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.