Current shareholdings (retail,(43%), Institutional 55%, and management 2%.)
posted on
Aug 15, 2009 11:43AM
I was interested in learning what the current shareholding were in
relation to Noront considering the recent high volumes and the
speculation that institutions may be gaining a bigger foothold.
Contact with Noront indicates that there is no exact science to
determine the amount or type of Shareholders due to Privacy Act. I was
informed however that we would get a more accurate reading
once our annual meeting approaches, apparently via the mailing lists.
Although I hate to see retail get pushed out,I feel it bodes well for
those of us that remain, if the institutions are taking a higher
interest and stake in Noront.
Is there any other way to determine this or does anyone have any ideas
where current holdings stand? I for one would be interested in this
information, if available.
Relic