Until reading the annual report last night I didn't appreciate just how tightly held these shares are. The top 20 hold an average of 4 million each (for a total of 50%) and most of the remainder is held by just a few dozen others. The bottom 1800 or so of the shareholders must hold considerably fewer than 200,000 shares, probably in fact averaging just 10-20,000. No wonder it has been so tedious building a stake over the last several months without driving the price up 10 c in the process.
opportunity to pick up, page-14
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
