The rights offering for Peregrine Diamonds expired on October 8th, 2014.
Since then, we have seen 32,612,076 shares trade hands (to Mar 6th, 2015).
I have estimated ownership of Peregrine Diamonds to come out with a public float.
Here are the details -- Peregrine Diamonds Ownership
The public float is calculated as 79.33 million shares.
Somewhere in here includes Kaiser's ownership, but I have no idea how many he may hold...so I will leave his shares in.
What we can infer from this is that 41.1% of shares of the public float have changed hands since the rights offering expired.
This 39.9% occurred at an average price of CAD$0.17
This is a significant number that has moved from weak hands to strong hands.
Technicals are turning up and Chidliak has excellent fundamentals.