Post by
BCdude on Mar 29, 2021 7:20pm
Inside Ownership
Does anybody know what the inside ownership is at BQE? I seem to recall coming across it somewhere, but can't find it. I recall it's in the 40-50% range.
Comment by
Dumont on Mar 29, 2021 9:24pm
I suggest insiders own in excess of 60%. Just Hubbard, Tingley and Stein own over 50% collectively, and the Board and employees must hold at least 10% or more( all figures taken from insiders report as per Stockhouse). And, more importantly, they all keep acquiring more stock, and have for many years.
Comment by
BCdude on Mar 30, 2021 1:42am
That's quite something. Needless to say, they won't be acquired unless they want to be acquired. Not many smallcaps have the freedom to dicate terms the way these guys do. Personally, the company and the planet are better off if they keep this in-house so they can spread the benefits far and wide over the years to come.
Comment by
BCdude on Mar 30, 2021 1:23pm
The recent Simply Wall Street article states 54% inside ownership, so that means only about 560 thousand shares are free floating. And I imagine a lot of those are also being held by investors who recognize this for what it is -- so they are not for sale. Anything I've purchased certainly isn't for sale anytime soon.