CWK 0.00% 99.0¢ coalworks limited

escrowed share to be released, page-3

  1. 1,155 Posts.
    the company when originally created was made up of seed investors, then an IPO , then they list on exchange, these seed investors are not allowed to sell any of the shares they attained in initial investment untill now, there will be some that will be holding and some will be selling, it would depend how many and who is holding the escrowed shares.. id say some would hold and not want to crystallise gains just yet but we will have to wait till they hit the market for any idea, it is slowly getting pushed up on low vol so to me that means some selling will come. I am only new to CWK from the 20's late last year so not sure who is holding the escrowed shares, some would be in a trust, some directors ect ect.. could get nasty if they want to offload half say 15mill in one foul swoop
 
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Currently unlisted public company.

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