Heavy institutional backing17 Sep 2021 15:46
The main shareholders list has recently been updated on the company website to reflect the position as at 31st Aug (was 28th May previously).
Overall holdings have gone up slightly to 82.7% from 82.1%, with the main instis remaining keen holders. Gresham House has added a further 800,000 shares.
Not a lot of free float around with the instis such large holders, so there could be a mad scramble for stock on any significant acquisition.
Backing proven management has worked wonders with KIST (Andrew Austin) and SFOR (Martin Sorrell), so here's hoping the same happens with ADVT and Vin Murria.