RE: Cineworld advise they are STILL EXPLORING OPTIONS19 Aug 2022 23:20
Mooky and his family hold 20% of the company in a family trust.
To put that amount into context of shares, they own (1037m * 0.2) 274 million shares which, pre-pandemic were trading at 197p each. They WERE worth, £539.7m. Today, at the woeful price of 4p, they are NOW worth £10.9m.
This has been devastating for all investors: insiders, institutional and private (ourselves).
Have a good evening, all.