RE: Top 10 Shareholders list17 Sep 2020 19:05
Some have sold (some), some bought more, others joined. Remember that when we actively maintained a declared register knocking on for 50% of the shares in issue were declared by around 300 PI's.
We know the message has gotten out wider and more PI's have joined. HL, Halifax, II, AJB all hold PI funds and this list is just the top 10 so not all the others ... that accounts for what.. 45% ish just there below in largely PI hands
As for TR1's... given how well AIM polices itself any transgression might get a slap on the write in 2 years time, so delays, not issued, really makes naff all difference. Also, if a holder declares a sell down (or buy in) that moves over a threshold they only need declare when done ... that could be weeks or months down the road.
The only plausible anything I see, is being held back (with FM's tacit approval) for whatever buy-in or other purpose FM sees as a strategic benefit.
... we (the PI's) don't really matter, which is no different in any company really: Suck it up, Hold Fast or sell out... them's yer choices