SKF 0.00% 16.0¢ skyfii ltd

Ann: Variation of Skyfii 'Earn Out' Share Entitlements, page-7

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  1. 93 Posts.
    my last point being that during the IPO, many bought into the story at $0.220+ with the expectations that management WILL hit those 2016 targets (thus earning the earn-out shares). the fact that those targets are not met and IPO investors have lost money alongside vendor-shareholders, it would seem unfair that now only vendor-shareholders get 'extra' shares, while IPO investors don't.
 
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