I still deem the majority to be the long term holders, even after dilution, as they all had the 1 for 1 offer and the bigger holders averaged down but still have the eyes on the prize, and did not put more capital in on a share that had a risk of a cheap takeover..
RDIF would be looking at tripling their investment, so their end goal would be .36 at a minimum i think
the good doctor would be at a higher average i think... and would be looking at similar numbers
my view is that full value can be gained with a strong farm in partner at some stage for amaam... but mean while we will get turnover and cashflow which should translate into the share price as the market derisks this venture
I still deem the majority to be the long term holders, even...
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