Re: Float...
posted on
Feb 25, 2022 11:44AM
Below is a link to the survey that was conducted in 2016. At the time the forum held ~55M shares (can't find the one with the 80M number). Either way, the float will be tight. Hopefully management has names, numbers, and buyers lined up...
hi folks,
Below are the poll results for 2016.
Thanks to all who participated.
GLTA,
R.
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Total shares reported (including warrants, if any): 55,486,040 (2015: 62,356,291)
People responding: 112 (2015: 228)
* 2016 polling method change to email may account for decrease in participants reporting *
Simple Average: 495,411 (2015: 273,493)
Median: ~125,000 (2015: ~154,000)
With 221,919,427 shares out as of this date (2015: 181,630,928), the polled forum total represents 25% of the company (2015: ~34.3%).
Geographically (rounded):
72% of shareholders were Canadian [holding 79%] (2015: 81% holding 74%)
14% USA [holding 8%] (2015: 9% holding 8%), and
14% Europe+UK [holding 13%] (2015: 10% holding 18%).
Distribution table:
1-25,000 4 (2015: 34)
25,001-50,000 14 (2015: 32)
50,001-75,000 13 (2015: 27)
75,001-100,000 11 (2015: 15)
100,001-150,000 20 (2015: 33)
150,001-200,000 9 (2015: 21)
200,001-250,000 6 (2015: 16)
250,001-500,000 21 (2015: 33)
500,001-1,000,000 7 (2015: 14)
over 1,000,000 7 (2015: 3)
Canada 82 [~44MM] (2015: 185 ~46MM)
USA 15 [~4.5MM] (2015: 21 ~5MM)
Europe 15 [~7MM] (2015: 22 ~11MM)
I am comfortable with the legitimacy of share counts (including warrants, if any) as they have been reported.
Using the data reported, the unweighted average cost/share (including warrants, if any) for the polled group would be approximately $1.02 (2015: $1.04).
Results from 2015 and earlier are here.