AC8 1.92% 13.3¢ auscann group holdings ltd

where to next?, page-488

  1. 162 Posts.
    EdwardC, I told you where I found the information.
    Now that Im back from travelling and have my computer I can copy & paste.  I found of  who has majority of the shares in escrow from the announcement on the 3/2/2017

    25 million shares have been issued to new shareholders under the recently completed publicoffer at an issue price of $0.20 per share, bringing the total ordinary shares on issue to216,348,196, including 161,230,411 shares issued to AusCannvendors and management alongwith 30,118,121 existing shares on issue from TW Holdings. Approximately 51% of totalordinary shares on issue are escrowed between 12-24 months.

    Subsequently notices of initial substantial holder made in Feb 2017 will tell you how many each director and canopy growth at the time got. 

    I expect some of the investors of the initial capital raise (25 million) to be selling and taking profits when the shares are released, I don't expect the directors or canopy growth to be selling their escrowed shares. 
 
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