Redeye, there is no dividend, only talk of one, and we all know how often talk becomes reality with SLE.
Therefore institutional investors will NOT be interested, not until SLE shakes off its historical failure reputation. Remember the CEO has a history of leading failed companies. New investors do your own research on Mr. Fanning's success rate in his business ventures so far.
Institutions may watch and wait, on the sidlines. They have many better companies with a good performance history to place their clients money in.
Institutions don't like the massively high risk of AIM companies with a very poor track record. I thought you would know that being in the industry. LOL
--------SLE will be added to the buy list now of many II funds, and those that have not been allocated shares in this current placing will have to acquire them in the open market. -- . our current ii holders will continue to accumulate in order to provide income to their funds, as this now looks like a steady and improving cash generating stock. - -Any stock required, either by our new or existing ii's, or by those who have to close an existing open short position, will only come from the small amount of stock weakly held by private investors. -Once that loose stock has been taken away from PI's, it will not come back into the market until a much higher SP is achieved. - ----If any PI can resist the temptation to sell into the higher opening SP, then the longer term gains are considerable. The growing cash generation coupled with a share buy-back scheme, which will see an ever reducing number of shares in issue, will see a steadily rising dividend payment and a strongly growing SP. - -Hold on to your stock.
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