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Natuzzi SpA Message Board

  • longtimefollower longtimefollower Nov 18, 2013 3:14 AM Flag

    There's only 10 million shares in the public float....

    ...excluding management, and the 5 largest outside shareholders. (I am one of them.)

    That's on a 54 million outstanding share base. So that leaves less than 20% of the outstanding shares, to go around...assuming the 5 largest holders are inclined to "sit tight." (Only Royce seems inclined to sell, lately, and their selling has been massively a more than 3 to 1 Donald Smith & Co.'s buying.)

    Sentiment: Strong Buy

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