RE: Next steps2 Oct 2024 07:48
Slacker - how do you know there are no institutional investors? HE1 isn’t obliged to publish TR1 block voting rights on AIM. I agree it’s not likely for an early stage exploration company (so it would be surprising if there were) but you can’t evidence it either way. I’m not sure why you’d expect it, but I presume it’s just an opinion.
PS. We do know Cantor Fitzgerald O&G have been a long term investor, for example, but I’m not going to read too much into that due to the Sarah Cope connection. And there was an angel investor with another 200m shares. But like most AIM shares, hedge funds will always play a greater capital role early stage. Investment capital enters when speculative capital leaves.