RE: FARN - Price Action...22 Jul 2020 21:47
It's TRUE the freefloat is tiny.
Most shares are owned by management who keep buying, then some bi PIs who have never sold anything and some IIs.
Recently a swedish pension fund bought 4%
So all in all I think it's now only about 25% of the shares are owned by small timers like us. (We calculated a while back here, cant remember how we came to the figure)
Then we started trading on the Nazdaq first north to allow the scandinavians to buy more freely, and due to being on that market the germans can buy also easily
Add the fact that lago are buying shares of AIM at 5000 shares a time, everyday a few lots.
Faron shares will be a rare thing to get hold of...
Sp today 470 and we are yet to release news on Traumakine and of course clevegen will be a monster
Very happy to hold here since the 80p - £1 days