By Nigel Somerville, The Deputy Sheriff of AIM | Saturday 31 January 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having already published an open letter to IGas’ (IGAS) Nomad, Jefferies International, asking it to look into a holding of 10.25m shares registered to Bank of New York Nominees on 25 November 2014 (HERE) which exceeds 3% of the issued shares I have been doing some number crunching. The results throw up either the most incredible coincidence, or a demonstration that IGas CEO Andrew Austin has handed over 2.75m more shares to EFH than the 7.5m shares disclosed the very next day after this 10.25m share holding was registered. Here is why.
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