Anyone else notice the steady creep in ownership by Keith Knowles? He now owns 32.6% of ABV, which when combined with David Slack’s 18.24% means these two shareholders now control more than 50% of ABV’s share register.
I’m not sure whether I should take comfort in such a massive concentration of control by assuming that they have done their homework and are certain they are on a winner, or be concerned over a possible move to privatise ABV and have my shares compulsory acquired, or be concerned over the overhang as those two shareholders have no chance of reducing their shareholding [if ABV’s prospects were to deteriorate] without trashing the share price.
Interested in other thoughts on this concentration of ownership.
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No. | Vol. | Price($) |
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1 | 100000 | 0.072 |
1 | 785715 | 0.071 |
3 | 72700 | 0.068 |
1 | 40000 | 0.066 |
2 | 261032 | 0.065 |
Price($) | Vol. | No. |
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0.073 | 196608 | 2 |
0.074 | 67948 | 1 |
0.075 | 22750 | 2 |
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