Case Studies
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SHARES OUTSTANDING AND OWNERSHIP
We have repeated the importance that cornerstone to your due diligence on market cap and liquidity is a review on what we referred to as the effective shares outstanding. In other words, although any shareholder at some point can exit their holding, insiders and institutional investors tend to have a more passive approach and for different reasons.
With AOI now a cannabis sector company with its sites on becoming a significant international presence, institutional investment should increase and in particular from those ETFs and Funds with a presence in the hemp and marijuana industry. Notwithstanding, let’s have a look at NASDAQ’s summary as at March 31, 2018.