Escrow Watch: It’s all quiet on the escrow front
Link copied to
Want to know when shares are coming out of escrow? We’ve been keeping tabs, so you don’t have to.
Every two weeks, Stockhead takes a look at the small cap companies that are releasing shares that have been locked away in escrow.
Escrow refers to shares that are held by early investors or directors restrained from selling for a year or two. The release of escrowed shares can have a big impact on stock price, because a sudden influx of stock onto the market can depress the shares you own.
Over the next week it’s relatively quiet, with only a handful of companies releasing shares:
Friday August 16
Pyrolyx (ASX:PLX), 1,208,935 shares
Saturday August 17
Kingwest Resources (ASX:KWR), 4,886,100 shares
Friday August 23
Windlab (ASX:WND), 2,049,724 shares
Saturday August 24
Kingwest Resources (ASX:KWR), 3,068,300 shares
Monday August 26
Pursuit Minerals (ASX:PUR), 21,008,723 shares