CMO cosmo metals limited

The upside of a tight register is the enormous growth potential...

  1. 5,293 Posts.
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    The upside of a tight register is the enormous growth potential following a discovery. The downside is the illiquidity in the meantime. It takes patience to hold, and the smart money knows that and should be rewarded in many multiples.

    • 50,510,001 shares on issue
    • #1 shareholder has 25,000,0001 shares in escrow and cannot sell until end of December 2023
    • Next 40 shareholders have 15,329,380
    • 29 shareholders have non-marketable parcels totaling 55,440 so cannot be sold on market
    • This leaves just 10,125,180 in the hands of the remaining 284 shareholders
    • Since listing in January 2022, the top 20 have slowly increased their holdings by 4 million shares which accounts for almost half of all trades being acquired (soaked up) by the top 20
    • With just 10.1 million remaining outside the top 41 the registry will only get tighter as the soak continues

    Then WHAMMO!

    https://hotcopper.com.au/data/attachments/4733/4733608-acc40fb69a35af6dc88bd44ab49dec44.jpg
    Last edited by Von Rico: 06/10/22
 
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Mkt cap ! $6.120M
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Last trade - 16.21pm 28/07/2025 (20 minute delay) ?
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