I made a mistake with “around 2,000” retail shareholders owning small amounts .
There was not even that many shareholders in the entire company at the last Annual report ....although it has been a busy time since then....
2018 annual report
View attachment 1433003
Since then :
The 11c dividend record date was September 6, 2018
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4g69wRn2v/Bt8bFiGug=
After this the Cayman company bailed?
Sept 21 (Reuters) - Gtn Ltd (
GTN) :
- GTCR GRIDLOCK II (CAYMAN), LP (GTCR) HAS SOLD 89.1 MILLION ORDINARY SHARES IN CAPITAL OF CO
(price $1.95 on September 21)
There was good support from the funds:
21/09/18 QVG capital - more than $30 million spend for more than 7%
Here
24/09/18 Harbour Assset has upped its holding
24/09/18 Ellerston capital declares close to 6%
25/09/18 - WAM put around $17M in on 21 September - it’s gone up to 6.64%
25/09/18 - WAX ....but maybe it’s a repeat of the same
25/09/18 -Maquarie announces it’s arrived with close to a 20% holding
here. ..it basically bought into gridlock’s shares at $1.90 each ...but it’s out again on 27/09/18 - was just brokering the block trade?
- since then Hesta is on board and CBA increased its holding along with Viburnum.
With the funds that have put millions of dollars into this, the scrutiny by highly paid financial experts must be intense .
But all I see is waffle ....
I must be missing something really important ..
(20min delay)