Free floating14 Jun 2017 00:04
Free float = 28% = 47.4m
Trades over the last 5 days according to moneyam as follows:
WEEKLY TRADES VOLUME HISTORY
Date Buy Vol Sell Vol Total Vol
12/06/2017 7,448,629 4,629,472 12,078,101
09/06/2017 1,286,050 4,530,222 5,816,272
08/06/2017 2,405,984 2,534,207 4,940,191
07/06/2017 2,709,050 5,418,771 8,127,821
06/06/2017 7,758,896 8,620,858 16,379,754
Total (strangely) = 47.3m
I just find it hard to justify the free float being correct at 27%/47.4m and the entire free float equivalent is traded in the last 5 days.
Tell me if I'm wrong, barking mad, or just stupid, but I just get the feeling there are a few more floaters out there than we know about.
Irrespective of the above, DRG is still a huge potential stock to buy/hold. GLA