Great news Acca. Considering the amount of shares changing hands...

First 4 Last

Share
Profile

Follow
mufc20

1,365 Posts.

95

16/07/16

14:52

Post #: 18285622
Share

Originally posted by accaeric ↑

I've just got updated top 20 list, top 20 hold 110.3 million shares as at 14 July 2016, increased by 5.8m shares since 1 June 2016. Top 20 held 104.5 million shares as at 31 May 2016.
In despite of selling from UBS, FMR & BoA, these sellings have been soaked up by existing and new holders.

Also, our Head of Investor Relations and Capital Markets, continues holding 801,845 shares, she did not sell at $4.50.

Current market cap: $75m, with around $40m net cash.

I expect to see more upside with limited downside.
Harbour is one of the firm holders ATM, holds around 14.7m shares with average cost base of $2.43
Average cost base for new holders/those picked recently, is around 51c.
Basically, almost no holder is in the black at current price. Or those participated in initial IPO in 2014 still hold, but didn't sell at $5, still would feel frustrated as price has been smashed over 90%.

GLTAH

Please note the new list contains nominees accounts.

Top 20 list as at 14 July 2016:
View attachment 207300

Top 20 list as at 31 May 2016:
View attachment 207301

Expand

Great news Acca. Considering the amount of shares changing hands in past few weeks it should be pretty tightly held.

Looking forward to thr next few weeks

1PG Price at posting: 49.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

AL3

AML3D opens new facility in Ohio as US Defence strategy bears fruit

PV1

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

NVO

Novo flags antimony and gold in the Pilbara – but does it need to step back?

PIQ

Proteomics notches up as company launches PromarkerD into the US

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Great news Acca. Considering the amount of shares changing hands...

Top Stories

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

Novo flags antimony and gold in the Pilbara – but does it need to step back?

Proteomics notches up as company launches PromarkerD into the US

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Featured News