Major Shareholders26 Jan 2021 13:32
Jan 2017 this was the list of major shareholders.
Woodford 1,119,883,005 shares
Wales life 300,000,000
Invesco 292,011,039
Aviva 180,253,837
Majedie 88,363,636
Invesco 88,000,000
All the above were before the share consolidation
Jan 2021
Schroder 9.284%
Obotrita 10.76%
Octopas 6.72%
Wales Life 5.3%
Richard Griffiths 5.03%
You can see from above the only long term large investor left is Wales Life and I think they paid 5p per share before consolidation which equates to £5 per share today.
Most of the new major share holders have paid 70p per share, hence a offer for the company of say 150p per share would see them with a gain of over 100% in just two months. I think even Richard Griffiths would find it difficult not to accept.
With all the major share holders together with the BOD they control the best part of 50% of the company they would out vote the long term holders. I think there is a real risk the they may take a low offer for the company with over 100% profit leaving the long Term holders with losses.
I hope I wrong but time will tell
Allenby