i do not mean to be a party pooper, but your #s are based on the most liberal assumptions ever.
out of 300 something boardmarks, i am willing to bet that 100 of them no longer read the board anymore and/or are no longer invested -- or never were. i boardmark many boards of stocks i am not invested in. i'm sure others do as well
with this company (market 99) having been brought into ecfl through reverse merger and desmond having built up a long shareholder base over time, who knows the history of these boardmarks that the assumptions are based on.
its a good effort, but i just don't like it because you are propositioning that if so many people buy X amount of shares that the group will have enough leverage to raise the price.
not only is that price manipulation at its finest, but you might convince some naive people to spend $ maybe they shouldn't or cannot afford, using a message board survey and extrapolating your data into "facts" based on very broad assumptions.
the intentions of this survey are very legitimate, and it helps broaden our understanding of the share structure, but you should use caution going any further with it in my opinion
all you know is that 66 people own roughly 13.2% of the tradable float.
wordddddddddd
ps. sorry for my brutal honesty, i'm just trying to keep things in perspective. i was and still am in favor of the efforts behind this survey, just be careful how you interpret and use it
AI
