01-10-2015, 09:33 AM
(30-09-2015, 09:43 AM)CityFarmer Wrote:Also depends on how much shares the Filler seller was holding in the first place. If was holding just below 5% then left with 1.3% to go before no free float. Hopefully volume takes a sabbatical again...(30-09-2015, 12:28 AM)smallcaps Wrote: Seems there is the possibility that the 5.277 mil shares (1.5%) sold to CEO came from the free float? And it matches exactly with the shares sold by THI to form 60mil shares. Does it mean the seller holding on to more shares and might be accumulating more? Quite worrying, if that's the case, I think we are left with around 4.8% (16.8 mil shares) to go before the free float goes below 10%.
There are existing stocks, with similar free-float and surviving well in SGX. I pick few which are well-known in this forum, with % rounded.
Cogent : 15%
Straco : 14%
Neo Group : 14%
(vested, and concerning on the lower free-float, but not worrying)