total shares in top twenty (according to the above)
= 45.62 million
total shares on issue 110,622,998
thus percentage owned by top 20 is 45.62/110.62 = 45.2 %
only some 65 million for everyone else, hence a big day of 15-20 million traded will see III move higher (or lower) in pretty significant amounts (at least 7-10c in my opinion)
now all we need is a doozy of an announcement to get things going.
still way undervalued at current prices - market cap should at least be approaching 30-40 mill.
once production starts and hence an income its feasible to get a market cap of 80-100million, hence share price of 70-90c. could be sooner rather than later - hope so anyway.
cheers, dw
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