That is quite a lot and is definitely not 'tightly held' by any means at all.
Of the TOP 20 Shareholders, 37.2% of their registry was turned over as they bought in and out. Again, not a tightly held registry by any means.
Comparisons to other shares will show, however it must be said that turnover% per annum by such a penny stock as this, is very very common. Just giving the figures.
Cheers
L
MNM Price at posting:
9.1¢ Sentiment: Hold Disclosure: Not Held