RE: Simon Thompson IC tip 16 Jan18 Jan 2023 15:35
Almost half of the issued shares are with loyal investors as per company disclosure and remaining half are also not much as relatively very small number of shares in the market. Given that, I don't understand who is selling these shares at such a low price as these share should ne in very short supply and buying from any serious shareholder of say even million or so shares can easily push price by 10%-20%.
On a separate note I am at a lost to understand that why no interim dividend was proposed by management with interim result in December , whereas they keep saying that they are keen to grow dividend stream.