As far as I’ve looked at it, the only real freefloat currently trading is the stock given to acquisition companies that has been passed to employees who are cashing in an illiquid shareholding that’s now liquid
It’s been explained many times (similar to the Ed buying situation) they are on aquis to do all the acquisitions via Yooma Europe. If they did them via CSE they would have to publish a new prospectus for every acquisition. A very costly & time consuming process. They have a minimum of 2 more acquisitions (Japanese CBD company and a U.K. CBD drinks brand - do some research and find this one. It will be in plain sight)
Once they’ve finished the acquisitions they can then uplist onto a decent exchange.
Barwick can you please not feel the need to post for posting sake. Your voice generally adds very little to any news as you don’t know the background very well.
Passed the Bill in April. Any bill to go into law has to pass both Houses before sign off by POTUS (formality by the way once passed through both Houses)
We were told yesterday that 55% is held by 1% and above holders. I would estimate we have another 20% held long by 0.25% -0.99% holders. When the news that moves this breaks it will be a very significant upwards move. The vast majority of the above are currently underwater. There will not be many of the above holders in profit currently.