RE: Major shareholder adds to existing holding8 Mar 2024 21:25
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.