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Royal Nickel Corp. RNKLF



GREY:RNKLF - Post by User

Comment by pierregon May 13, 2020 10:42am
177 Views
Post# 31021984

RE:RE:Consolidation Ratio which may be less than 11-to-one

RE:RE:Consolidation Ratio which may be less than 11-to-oneYes & current institutional ownership with an RS eventually from 35% to 50% or more IMHO.

« The Share Consolidation may also help to attract institutional investors or fund managers who have internal policies that either prohibit them from purchasing stocks below a certain minimum price or tend to discourage individual brokers from recommending such shares to their customers, including institutional investors, indexes, investment funds and exchange-traded funds that are prohibited from purchasing shares below a certain minimum price threshold. »

https://ceo.ca/rnx?a863cae689ba

Current institutional ownership > 35%.
Oliver Turner
https://ceo.ca/rnx%20dd?d645a6d811d7 « We get updates from those fairly regularly. The current institutional ownership of this company would be north of 35% which is a dramatic change and improvement in institutional shareholders from this time last year. »
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