Member Info for SWLC

It seems that those institutional holders are holding for the buyout from the CEO and we have only around 7% free float left to trade.

has increased by 1% on 21st of April, it was 10.61% on 20th,
https://www.morningstar.com/stocks/xlon/ibpo/ownership

Pls have a look at yesterday's trade volume before making such assumption. If they did, it is called insider trading and should be reported.

Maybe lots of stop loss were triggered then.

Did not see much selling by the II unless they were delayed trade. More than £50m were wiped out by the announcement from the II holdings.
https://www.morningstar.com/stocks/xlon/ibpo/ownership

The CEO may just buy the remaining shares on the market and take it private. Those institutions won't let him get theirs cheap though.

With less than 18% free hold, 11.61% are held by institutions (roughly 22m shares). The vote would be passed with the CEO holding 82%, but he may face legal challenge by the institutional holders for sure.

Not much left to buy at the current market, EICR (Cyprus) Limited ("EICR") holds 82.74 per cent. However, the company and BODs may face legal challenges from other major shareholders.

have approx. 10.81%, are they going to surrender and let their money disappear in the drain? I reckon there will be legal action if the shares are delisted unless the EICR (Cyprus) Limited ("EICR") buys them out at good price.

Even the shares are cancelled, the shareholders still will get the dividend which is more than 20% at this price.

Found this on the website and I suspect quite a few institutions are reducing the stake.

https://www.morningstar.com/stocks/xlon/kct/ownership

The price has kept dropping since end of Feb. and we do not see any TR1. Remember someone here mentioned £1.29 was a bargain when it first dropped last month, now we are almost half of £1.29.

Montanaro Asset Management Ltd. 16,546,426 5.30%
Canaccord Genuity Wealth Ltd. 15,580,182 4.99%
Sanford DeLand Asset Management Ltd. 15,550,000 4.98%
Schroder Investment Management Ltd. 14,867,164 4.76%
Castlefield Investment Partners LLP 14,325,000 4.59%
Artemis Investment Management LLP 13,822,640 4.43%
Legal & General Investment Management Ltd. 13,606,370 4.36%
J.O. Hambro Capital Management Ltd. 12,240,489 3.92%
Unicorn Asset Management Ltd. 10,796,426 3.46%
BlackRock Investment Management (UK) Ltd. 9,071,760 2.91%

We may see the BOD purchases as well.

The drop was way overdone, probably triggered by stop losses. The institutions hold 43.7% and I don't see them selling here.

My understanding is that the short-sellers are continued to accrue daily stock borrow financing costs, even though trading in the shares had been halted.

The Bods did anticipate the last funds raise:
"Seven Directors of Scotgold and a significant shareholder are participating in the Subscription for a total of 1,435,000 Subscription Shares with a total value of £574,000 (US$700,280)."
How on earth they used £3m in one month is a mystery. Below 10p by this week more likely.

For those shorting EVR before the suspension, do they still have to pay for the fees on the borrowed shares?

Someone are buying around 24p.

Looks like it is going to be around 25 by close of business today.