With the last raising top twenty would have to own well over 50% of 217,000,000 shares.
That leaves around 100 million shares for the mums and dads out there going a long way to explaining the piddly volumes that are being traded.
Yesterdays total was 10 grand.
This stock is different to the one it replaces - with no free float it will run very quickly either way.
217 million shares is nothing.
It's a greenfield plant - all these delays will get sorted.
Cedric would be feeling the pressure from the bigger players - he must have a plan.
We're fully funded and have a producing income which is growing (in production, sales orders and profit margins) and now we are about to double capacity.
The company is in the strongest position it's ever been in (money, product, buyers & growth)
The share price is frustrating and could fall further until Indiore starts next week, but if you don't need to sell - who cares?
We all mostly invested for the steel mills and 12 million tonnes per annum anyways, didn't we?
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