I am no financial expert, but my understanding is that it is a lot more than 20% that is traded.
Insider ownership was 64%, with FR holding 56%. the other 40% fund owners and institutions. When FR sold their stake, an even greater percentage would have been removed from CHC control. Where the numbers are today is really anyones guess. But there is not much, if any of “real CHC” that is privately owned. The share holders have the power. If they lose faith, then there are real troubles ahead. CHC had to sell options in order to generate much needed cashflow. If this tactic failed and there is no cashflow then what happens next? If there is nothing left to sell what is the next strategy in the light of a failed attempt to raise revenue? Any experts with a forecast?
HELI Major Holders | CHC Group Ltd. Ordinary Shares Stock - Yahoo! Finance