RE: Am I right17 Aug 2020 16:24
There are only just under 10B shares in circulation (10,000,000,000) so EHOG can have that many to sell. The last TR states they went from 6.38% to 2.2% of the shares in issue. I make that about 400m they sold, with about 200m left. It maybe that they have not yet exercised all their warrants so they might take on more shares to flog. If you went thro every 'exercise of warrants' RNS it might be possible to work out if they have any left. If they have got more shares to sell my guess is that they will do so on this rise. As they only have 2.2% currently they don't have to issue another TR. Be careful all.