Mabeen, there was talk from some participants of the last SHM that they observed a shareholder list that showed tons of investors with 8 to 10 shares each. I am guessing these are Nigerians who mainly bought in at fairs, carnavals, pie sales, and car washes. I don't know of any any company that has 2.5 million stockholders.
I would like to know which shareholders spread this nonsense. Was it Midtieroil?