Media update, page-592

Therein lies the problem with FLC's share price. It's not in the right hands. The shares are not held by people with tight hands. Thankfully, it is not a major problem. It is rectifiable.

From the article:
(1) Institutional ownership (13.33%)
Way too low at the moment. Insto's have a basis for investing. They will come in +ve matrices. Positive trends in the 4C's will provide that basis. But we need this portion to go from 13.3% to 30%.

(2) Insider ownership (16.67%) . They should the stickiest kind of investor because they know the inside out's of the listco. Increasing insider buying and ownership sends the clearest endorsement signal that the future is better tomorrow, and that listco is lowering the risk of execution disappointments. Richard, Henry and the likes, please consider stepping up to the plate and signal that value has come in and draw a line in the sand.

(3) Private Co Ownership (33.14%). This is where Ron Lauder's stake is held. If he buys more , he will accomplish the effects described in (1) + (2).

(4) General public ownership (35.88%). Way too large for my liking. This is killing the share price with their fickleness and manic depressive sentiments. When the price goes down, they despair. When price goes up, they become overly exuberant. This portion should go down to 20% and that 15% reduction should be spread to (1) and (2) and (3) where their emphasis is on value and not in price.

IMO, this is the best time as an insto to come in and clear up (4). @SEAH, @Dungiven, I think Richard knows this situation as well being an experienced and astute market player. But would not hurt to share this article and posting to him for comments. Warmest.