There's your missing 50m shares then. 4,000 new investors purchase 12,500 shares at an average price say of 14c for $1,750. Not really a new institutional holding coming then. Again another nail in the proverbial for JF instos selling it and nobody new coming on board. I did notice on broker top shareholders information the Norwegian investment bank held circa 3m shares, not sure when they came on board though.
SPL Price at posting:
13.5¢ Sentiment: None Disclosure: Held
