GREY:RNKLF - Post by User
Comment by
pierregon May 13, 2020 10:42am
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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. »