Important Stats for all.28 Feb 2022 14:42
Take them, ignore them, do what you will with them.
I added up the total holdings of the first 17 holders that came up on the share register list. I am not going to name them out of respect. They range from holdings worth £1.2m down to £100k.
Out of those 17 holders, 9 were Corporate Holders, 1 Venture Capitalist, and 6 Individual Investors. What was also interesting was they had a combined holding worth, £5.3m.
The current Market Cap of 278,447,788m shares x 2.5p (current price as at writing) is £6.96m. So anyone looking for stability needs to realise that these holders practically are 76% of that market cap! This is a very strong indicator and strong base for the share.
55.69% of all shares are now accounted for. That is 154,982,059 shares. This means 123,465,729 shares are either changing hands at all times or with nominee accounts not accounted for on the registrar.
45,105,941 have been sold from those on the register since 06.12.21, from 7 different accounts, of which 5 of those are no longer holders. This was made up of 2 Corporate Holders, 3 Individual Investors, with 1 Corporate Holder, and one Venture Capitalist reducing holdings.
44 new Individual Investors and 6 Corporate Holders have entered the share register since the 15.01.22 with buying of 32,202,092 Total between them.
The exercise was to see if it was any one of the top holders were selling out or buying as we are not possession of any Tr1s. It looks to me that those trades of 6.3m or 5.3m recently are off register, and given the stability at the top is not much to worry about. What I do believe is happening in my opinion is that given the potential news, the market has gone on an accumulation phase to relieve the weak holders by dropping the price and leaving them to panic out of the holding and be replaced by stronger holders before the next set of news.
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