Hansard Global’s 8% yield stocks edge up near 52-week high on thin trading
Hansard Global plc finished up 4.35% for the week, but the move was on thin volume. Shares in the Isle of Man-based insurer closed Friday at 54.00p, compared to 51.75p before. AJ Bell reported five trades on July 3 totaling 40,089 shares, worth about £21,006. That’s what matters for investors. With 137.56 million shares out, a 2.25p move in Hansard’s share price adds about £3.1 million to its market cap, according to Google Finance data. That’s around 147 times the actual value of shares traded Friday. In thinly traded small-caps, last price often outruns real turnover.