Today's volume was 216,388 shares which was unusually low. It looks like everyone is taking positions and sitting on their shares. The share price has been stalled at 0.79 cents the last couple of days.
The number of shares held by institutional shareholders was around 12% at the beginning of December. Reuters posted the following numbers today:
Institutional Holders
% Shares Owned: |
18.34% |
# of Holders: |
34 |
Total Shares Held: |
82,231,318 |
3 Mo. Net Change: |
-43,762,083 |
# New Positions: |
3 |
# Closed Positions: |
5 |
# Increased Positions: |
8 |
# Reduced Positions: |
19 |
# Net Buyers: |
-11 |
.
.
Cheers; Scott