Post by
cre8value4me on Feb 26, 2024 10:23am
ARC Financial ownership
I have been trying to determine if ARC has finally liquidated their shares the information I have been able to determine seems to point to they still have a 5.88% ownership stake.
Does anyone have any other updated information? It's my understanding that they had a much larger ownership and were looking to liquidate, which would be a reason for the unrelenting and continuing pressure to share price with all the selling.
GLTA
Comment by
cre8value4me on Feb 26, 2024 10:57am
It seems a little more challenging since ARC is a private entity. Perhaps if anyone can get through to Eric on Friday he should know. I have never had success getting through on market call!
Comment by
robert41 on Feb 26, 2024 11:55am
Arc financial still owns 32.6 million shares.
Comment by
cre8value4me on Feb 26, 2024 12:03pm
Thanks Robert where did you find this information?
Comment by
robert41 on Feb 26, 2024 1:37pm
Click on the ownership button upper right side of this page. I'm not how often it's updated but I think monthly at a minimum.
Comment by
cre8value4me on Feb 26, 2024 12:02pm
Ok thx, I guess then at this point they may still own 5.88% stake as reported by Simply Wall Street is up to date information then. I was going of information that Eric has reported months back. GLTA!