Q: I recall that a few years ago, it was said that CNR had approximately an 18% equity position in FRU. I wondered if: a) the share count of FRU had changed dramatically and, b) if CNR still has an approximately 18%. Thanks to all the 5i team and have a healthy 2025. Bill
5i Research Answer:
In 2020, FRU share count went from 118.8M to 150.6M and has moved to 164M today. CNR is listed as a 12.06% holder with 19.8M shares.