CGP 6.78% 6.3¢ consegna group limited

outstanding potential!, page-11

  1. 4,391 Posts.
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    I mentioned the other day about the stock being in loose hands.

    I did some research this morning and discovered ONLY 34% of the 330 million is held by the top 20 shareholders.

    That means there is plenty of script that is being transferred from one to another.

    For the share price to have done what it has done in the past two weeks under those circumstances has been quite spectacular.

    If they can find themselves a major player to mop up a lot of this loose stock it MIGHT even repeat some of the performances that we have seen with ISN etc.

    The big players in ISN were largely able to control the share price on a daily basis. That's how it went from 6c to 88c in record quick time.

    It doesn't just happen by chance.

 
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