Sunday, March 1, 2015

Stockhouse investors own 13% of public float - Peregrine Diamonds - Chidliak

The most active forum for Peregrine diamond's investors is the stockhouse forum.

Forum -- Peregrine Diamonds Forum

I've been posting to it for many years and every year, we see more and more regular participants.

A recent survey has indicated that the 20+ regular's on the Peregrine Forum own about 13% of the public float for Peregrine Diamonds.

Here is the ownership breakdown -- Peregrine Diamonds Ownership

Including SH investors, there is a public float of about 90 million shares with SH investors owning 11.8 million of those shares.

this works out to roughly 13% of that share.

We all know the Friedland's and Ned own a big chunk of the company, but it is amazing how a small group of investors can still own a significant part of the retail/institutional pool available to the public.

Majority of those SH investors have been accumulating over time and that means less shares available for the public going forward.

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