RE: Listing rules for lock ins18 Oct 2023 09:39
I’m pretty sure generally there are no IPO lock ins….but a company could surely make a mandatory lock in period as part of the IPO as part of the prospectus so it’s literally down to each and every company how they want to approach it…which is then obviously down to how they see the company performing in the 6-12m timeframe after the IPO… if I was CP expecting what he’s expecting with regards to x10 IPO price within 3 years…I’d be preparing a buy back if long term holders want out on relisting…. It’s a win win for him in that regard