Thats not really free float. Some of those holders are considered active. I.e., they sell and buy the stock quite often and are active in the market (or lend shares). Take a look at "float methodology". |
![](https://images.advfn.com/static/default-user.png) "Substantial ShareHolder Effective Date Shares Held % " "Andrew Wass 01/03/2023 4776993 22.77259% " "Liontrust Asset Management PLC 21/06/2023 3603133 17.17664% " "Richard Harpin 25/09/2023 1911289 9.11138% " "Fidelity International Ltd 01/03/2023 1515092 7.22266% " "Canaccord Genuity Wealth (Internationa... 01/03/2023 1059579 5.05116% " "AXA Investment Managers S.A. 01/03/2023 936496 4.46441% " "Octopus Investments Limited 01/03/2023 634018 3.02245% " "A J Bell Holdings Limited, Asset Manag... 01/03/2023 364782 1.73897% " "Jarvis Securities plc, Asset Managemen... 01/03/2023 363601 1.73334% " "Barclays Bank PLC, Wealth and Investme... 01/03/2023 355682 1.69559% " "HBOS Investment Fund Managers Limited 01/03/2023 293692 1.40007% " "Killik Asset Management 01/03/2023 236171 1.12586% " "HSBC Global Asset Management (UK) Limited 01/03/2023 229637 1.09471% " "Franklin Resources, Inc. 31/03/2023 185204 0.88289% " "Dean Murray 01/03/2023 167520 0.79859% " EFG Private Bank SA, Asset Management Arm 01/03/2023 127799 0.60924%
Free float aBOUT 30% |
Free float is 66.3% |
Maybe friends of new 9% shareholder Richard Harpin following him in.
Only 30% free float so market makers struggling to find stock as holders can see
the recovery potential. |
Market makers looking for stock. |
Classic pattern Nice to get rid of yesterdays sellers More hopeful on holding this current gain now |
Movin’ on up |
Next update 19th October
Great recovery stock as reduced capex works straight to margins and the bottom
line.
The network and multi language website has all been paid for. |
Next leg up starting First 2 trades of the day were my top ups |
Richard Harpin founded HomeServe and held, with his wife, a 12% stake worth
about £480 million when it was taken over in 2022.
Guess his mates and other shrewd investors will follow him in. |
New 9% investor Richard Harpin founder of Homeserve
Hi Richard, you have just invested in an outstanding recovery situation and am
confident you will have done your research , maybe met the company, and will share the
huge capital appreciation that I fully expect.
Your investment is a huge vote of confidence.
Thank you and good luck. |
Has reported net worth of over £600m in 2021
G4M is £30m so could buy the company with his loose change.
He lives near York so may know the company well and happy to pay over market to get
his stake. Hopefully he will buy more. |
Richard Harpin - the former boss of Homeserve , interesting |
We are still waiting to see who bought Amati`s 9% stake yesterday.
If it is a trade buyer the shares will sense a takeover and the shares will fly. |
There is no certainty, of course, but I agree, volsung, that a rise to around 400p seems very likely. |
These are going to 400p |
My limit was 1.62, but price i got executed at in IBKR was 1.66. |
Sold into the final crossing ? |
Decent chunk. Price I got executed at was 1.66 |
Looks like G4M was one of the smallest holdings in the Amati Smaller Companies Fund so sold when a buyer came along. We should find out who the buyer was very shortly. |
Thanks how many did you sell ? |
Just sold out. Position was relatively large so had to get out given the liquidity. Good luck all who are holding. |
I got these for 157p I is pleased wiv dat |
Amati just sold their 9% stake above the market price.
Wonder who bought them. |
Interest rates held, important news for Gear4Music as we enter the key
Black Monday and Xmas trading period that represents 2 thirds of sales. |