Member Info for BC2021

R1bobuk - Thanks. I was quite surprised too but as you say, it does ease the nerves somewhat,

obstando - I agree BUT of the 25 largest holders, 10 have increased their position and most have increased significantly in percentage terms (HL have increased 11.85% to become the largest investor, others have increased by as much as 37%). Because of this it seems reasonable to assume that they are not just "holding on" because of contractual obligations and are hoping to get out as soon as they can. T o me it looks like a more long term approach.

Personally, I am looking forward to a good week next week and hoping for some concrete news and perhaps some details of the products for December.

As always, good luck all

There has been a lot of chat about where the share price is going, volumes transacted on a daily basis and where will be a good jumping off point.

This got me thinking about where the bulk of the share actually are so ... I did a little investigating which I believe is up to date and accurate (but as always, DYOR).

Ownership Breakdown
Employee Share Scheme 0.3% 1,329,648 shares
Individual Insiders 10.6% 53,310,000 shares
General Public 10.7% 54,258,994 shares
Private Companies 29.8% 150,500,000 shares
Institutions 48.6% 245,351,358 shares

So we, the general public, represent only a little under 11% of shares in issue. That was quite a surprise .....

In fact, the top 25 shareholders own 86.09% of the company. The top 12 are listed below and each have over 2% ....

17.13% 86,477,049 Hargreaves Lansdown Asset Management Limited
15.45% 78,000,000 Durban Holdings Ltd.
7.09% 35,767,243 HBOS Investment Fund Managers Limited
5.94% 30,000,000 AJA Ventures Inc.
4.95% 25,000,000 Lombard Odier Asset Management (Europe) Limited
4.95% 25,000,000 Beckham Brand Holdings Ltd
4.2% 21,210,000 Brad Roark
4.06% 20,500,000 Alexis Abraham
3.63% 18,339,304 IG Group Holdings Plc, Asset Management Arm
3.32% 16,753,816 A J Bell Holdings Limited, Asset Management Arm
2.94% 14,816,405 Barclays Bank PLC, Wealth and Investment Management Division
2.08% 10,500,000 Toro Consulting Ltd

None of these shareholders have sold any yet although a few have added significantly including Hargreaves, Alexis Abraham, IG Group and others still below my 2% cutoff like HSBC and Charles Stanéey Brokers have also added to their positions.

There have also been a few sellers… These investors still have the following current holdings BUT but have sold a percentage of their previous holding :

1.83% 9,250,006 Jarvis Securities plc, Asset Management Arm HAVE SOLD 42.43% of original holding
0.47% 2,362,570 Killik Asset Management HAVE SOLD 60.38% of original holding
0.47% 2,351,464 M. D. Barnard & Co. Ltd., Asset Management Arm HAVE SOLD 72.51% of original holding
0.45% 2,278,000 Redmayne Bentley LLP, Asset Management Arm HAVE SOLD 30.44% of original holding
0.27% 1,385,321 Equiniti Group Limited, Asset Management Arm HAVE SOLD 22.11% of original holding

So where does this leave us ?

In my view it means we should have a very stable position going forward with the vast majority of shares staying put and demand growing as the press coverage starts to ramp up.

I worked a little with Hargreaves and HBOS in a former life and I like and respect them. While they stay put it will influence my own confidence greatly.

What does everyone else think ?

Dealing this share is very odd at the moment ... I was thinking of buying a few more (Iknow) ... but I cant get a price even for a few hundred shares .....

I can, however, get a price for selling tens of thousands ....

Any views on where this will end today ?

would make sense to get some weekend coverage ......

Tatt .. that's what I thought (but others may not).Obviously it will be a lot higher than that.

That would be great but … what leads you to this opinion ?

This waiting is pretty frustrating, especially if you have a lot of your money invested (and that is relative for all of us), but we should remember that ...

- We are in a much better position than we were only 2 weeks ago
- the mngt team have played all of their cards pretty well since launch
- the mngt team have very strong marketing backgrounds
- the product launch needs to come to market with a bang. They need the "buy this new revolutionary product now" approach and definitely not the "coming to a cinema near you soon" approach.

Going off half ****ed with order problems or stock issues is not what we want .. and I am pretty sure this is what they are working on. They are getting the systems right, get the order processing right, getting the stock and other processes in place.

I think we might still have a nervous week or two wait ahead of us ....

I can't see how you get to "arrogance".

I can understand that all of the staff will be working flat out to get to market asap ... BUT the bosses will want it to be PERFECT. They know they have one chance to make a first impression, and that will be important. If that takes a little more time ... fine.

I think "prudence" is a better word.

I know exactly what you mean … I managed to get down to 7.3 so it’s looking pretty good at the moment … but the potential is still huge and I don’t want to sell too early and miss out on that potential.

I don’t think I will ever sell at the top … but taking 15p a few months before 25p or more would be irritating …

Great problem yo have though ????

Looks like you are right so far dodge … price seems to be steady around 10 but not seeing any trades of significant size …. Anyone have any volume summaries or insights so far today ??

So the "share price" figure here shows as 10.50 for yesterdays close. What's your prediction for today ?

I think I would be very happy with anything over 11 ..... so I am saying aq conservative 11.20

I fully agree ...

I am not a scientist and will not be able to judge the voracity of the products they come up with ... but what really attracted me to go "all in" on this share is the firstly the potential I see for CBD family products ... and the fact that this company is led by marketing specialists with good track records.

You can have the best products in the world ... but if no one knows about them and can you can't make enough noise ... it matters not.

I am very much looking forward to the marketing ... from the visuals I have seen since they launched the new web site ... it should be very, very good.

Hi All, did CBX manage to attract and press coverage or suchlike over the weekend ?

you'd be surprised ;)

yes I understand that but ... with the current situation of the products about to launch, the advertising lining up etc .... who (specifically) is selling at 8.5 to keep the price bouncing ?

Surely there must be quite a lot of shares involved to do this over the last few weeks ..... and I would think that was a fairly risky strategy for short term investors ....

I might be being a bit thick ... but why is 8.5 such a barrier (and it is !!) .... any thoughts ?

Lets hope you have a huge party with them all when this finally takes off !!

Amran,
if you have lots of friends and a very big family ... this will definitely work to increase the share price ! Thanks !!
I think we should all do the same :)

Thanks for that … it will be interesting yo see day yo day what sort of volumes are trading … I would assume that’s a good way to see how interest in developing.

3x last week is good … let’s hope this increases over the next week. If we get the demand … supply will dictate a steady rise