Some won't Sell

If think it was Nanu who mentioned there are 850 Shareholders and only about 14 were selling.

The Top 20 are like that, they buy but don't sell. If you look at the T20 in 2016 and in 2017 the %age holdings has increased from 61.47% of the total holdings in 2016 to 62.91% in 2017.

The Holders have barely changed. The rankings may have as accumultors move up & displace. So why don't they sell - they are in for the long haul & for dividends.

They aren't traders, so they believe NAGs has Income Streams that will come into play from such things as Gold & PASS, Aggregate & Sand, Gravel & Fines and longer term from landfill.

Thats why they don't sell - eventually they believe one or two years of Dividend will fully repay their Purchase Price. They are patient and looking for big rewards & in the multiples, not trading profit measured in %age. Thats why they don't sell.

2016



2017