I'm a relatively new subscriber and I wonder if anyone can explain.
Today (11 March 2022) I was looking at £SPO. Sportech Major Shareholders the ownership percentage is currently 105.87%.! (Problem, that's over 100 and that's just the major shareholders etc).
Does that mean that the information shown is just out of date?
Any thoughts?
Hi d024912,
This is a bit unusual ,and now shows 112.96%. Checking on their website today the major shareholders on 30/3/22 was adding up to 100%. There have been some changes in holdings & possibly takes time to update the 100% holding figure for 100,000,000 shares.
SPO has come to my attention today because of the 7p dividend XD 5/5/22 paid 31/5/22. The yield works out @ 7/36.3 =19.28% , which sounds good, but the spread is huge @ 35.2p bid, 37.4p ask. That is 2.2p which has to be taken into account.
They are now into profit from a loss of (£12,832M) in 2020 to £34,563M in 2021.
Revenues are up from £17,372M in 2020 to £22,942M in 2021. These figures are from their website. Interesting to see what materialises from here. Certainly people that bought earlier today would get the potential of a higher dividend pay out, together with a rise in the share price.
The only explanation that I can think of is that the information is incorrect. If I was in your shoes I would raise it with Stockopedia via the green button. The likely result of that would be that they will investigate and fix the problem in due course.
