Just read this in the prospectus. Any comment would be welcomed as to the potential for some of the shares to be escrowed
Will any Securities be subject to escrow? Subject to the Company re-complying with Chapters 1 and 2 of the ASX Listing Rules and completing the Offers, certain Securities (including some of those issued to shareholders of Buddy as consideration for the Acquisition) to be issued may be classified by ASX as restricted securities and will be required to be held in escrow for up to 24 months from the date of Official Quotation. During the period in which these Securities are prohibited from being transferred, trading in Shares may be less liquid which may impact on the ability of a Shareholder to dispose of his or her Shares in a timely manner
POK Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
