Ann: Investor Presentation - June 2020, page-6

  1. 7,182 Posts.
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    New holder here. It's certainly tough to accumulate.

    If a fund wanted to accumulate 5% for a substantial holding, they'd need about 5,000,000 shares (other than dilution if options were converted at $0.30).

    Compare that to 190,000 units currently for sale between 0.28 and 0.35. I guess a fund would have a hard time accumulating unless there was a raising or something, but hopefully there's no more of those.
 
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