Somebody will know ...3 Mar 2021 00:10
I believe there are 475,333,760 shares in issue. Vinsons gonads of steel group + known ii holdings according to his updated post ( thank-you Vinson ) at 18.21 this evening give that grouping holding 92.26 of the companies shares ( approx 438,542,926 ) leaving 7.74 % being held presumably by pi's. Now, this 7.74% totals approx 36,790,833 shares. The cumulative total of trades today was 63,695,540. So, if we presume an even split, that is roughly 31.8M out of 36.79M shares today have been sold ( or bought ) which is only 5M less than those accounted for on Vinsons list. Doesn't that seen a very high percentage or are we to conclude there has been some heavy trading going on somewhere on that list ?
Another question my head keeps coming up with i have with this is, if an ii agrees to take a CFD, those shares have been added to their portfolio BUT as the other company ( who owns the shares ) has not sold those shares yet, there are still effectively on their portfolio too and they have not yet had to issue a TR1 for selling, so those shares may actually be on Vinsons list twice ? I am sure someone can explain this to me. Thank-you in anticipation.