Ebiquity Share Price (EBQ)

Results were reasonable IMO. Nice to see debt coming down.

However, more to do to attract the crowds ...

A couple of decent sized buys, today.

Sooner or later folks will become more aware of this company.

BGF/Pershing continue to add to their large holding- now over 14%- the 200k trade at 35p late on 5th March not reported until the next day reflects the 200k increase in their holding since their recent disclosure . The two largest shareholders between them now appear to hold 29.5% of the equity. It should not be too long before we get to see the preliminary results for 2023 with an update on both their cost reduction programme and progress in consolidating their databases that will facilitate their marketing of applications involving the use of Artificial Intelligence(AI).

When I posted recently I suggested that Ebiquity was around two-thirds of the way trough their cost reduction program it is probably more like half way through, and that BGF Investment Management Limited (on behalf of Pershing Securities Limited) with now around 13.9% of the equity was the largest shareholder. That is not yet the case as when last disclosed in early December 2023 Canaccord Genuity Wealth Management (with 21,793,566 shares) held 15.52% versus BGF Investment Management Limited's 10.02%. I suspect that there may be further interest from BGF/Pershing but perhaps biding their time at present! Still would be interested to know where BGF/Pershing's recent purchases came from. For me Artificial Intelligence with their own huge data bases is the future for EBQ. I would like to see them saying more to patient shareholders about those opportunities.

Further to my recent post there has been a disclosure notification by BGF Investment Management Ltd on behalf of shareholder Pershing.Securities Limited. Having recently added nearly 3% to their holding they are now with 13.9% the largest shareholder. More modest buying since then appears to be by others. Will be interesting to see where this takes the share price.. No indication yet in form of a disclose if needed as to where the bulk of BGF's additional stock came from.