CNB carnaby resources limited

Ann: Trading Halt, page-149

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    The main advantage would be to have a larger proportion of shares in safe hands. Assuming this is not a Hartleys or Patto’s raise, the SIs would be considered to hold longer term. When there is a high percentage of retail holders (us) in a stock it is more prone to panic selling at any hint of a drop in SP. This is not a hard and fast rule but a general market assumption.
    Industry experts like Sprott or Creasy are even more highly sought as cornerstone investors.
    Last edited by onthepunt: 08/09/20
 
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42.5¢
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