just thinking out loud again, the makeup of the register to me seems to suggest a forward eye for dividend planning. shareholders generally dont go for such sizeable positions in tightly held companies if they plan on profiting from share transactions.
i witnessed an IPO a few years ago that transitioned a merger between a few small private companies into a larger single PLC that has since also grown into a solid midcap. part of the deal involved hefty share allocations to various parties who at the time seemed to be taking payment in scrip for assets that the controlling entity apparently could not afford.
unbeknownst to everybody else, the newly listed company immediately announced a rewarding dividend payment scheme that suddenly painted a clearer picture as to why so many shares had been issued in lieu of cash payments in the first place.
these sorts of registers, where everyone is either a director, partner, or big-balled family member of @outlandin seem to be very much about investing in a profitable business as opposed to stinging shareholders in a ponzi scheme.
AUQ Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
seem to be very much about investing in a profitable business as opposed to stinging shareholders in a ponzi scheme.
