Post by
Norm721 on Mar 13, 2019 2:55pm
Shares
Allo
How many shares do they have ?
We cant see that info anywhere
Comment by
HomerAndCompany on Mar 13, 2019 3:14pm
There are 19.41 million shares. The IPO was for 1.25 million shares. I believe that 60% of the shares that remain in the hands of insiders are locked up. Most of the IPO shares should now be with the public as the underwriter has been selling most every day.
Comment by
SwingTrader149 on Mar 14, 2019 2:02pm
Math makes sense - although 1.25M shares is nothing, and insiders with more than 5% will have to disclose there sells so we will know whether they believe or not in the company. Underwriters always sell - they are not in the business of investing or speculation. Doesn't matter if they are underwriting a $5B offering or $5M - they always sell.