The top 15 institutional shareholders of Seeing Machines (AIM: SEE), as at 30th September 2016, were:

Hargreaves Lansdown, stockbrokers 7.06%

Miton Asset Management 6.68%

Fidelity International 5.4%

Hunter Hall Investment Management 4.26% (updated following RNS 28/11/16)

TD Waterhouse, stockbrokers 4.01%

HSDL, stockbrokers 3.04%

Barclays, stockbrokers 2.93%

Bell Potter Securities 2.78%

AJ Bell, stockbrokers 2.30%

Legal & General Investment 2.25%

Polar Capital 2.17%

Australian National University Investment Office 1.87%

Herald Investment Management 1.67%

Phillip Securities 1.66%

HSBC 1.48%

Totall 49.56%

With VSI holding 12.08%, it appears that over 60% of SEE is quite tightly held. Therefore, on positive news flow the share price is likely to accelerate very quickly.

The writer holds stock in SEE.