City Lodge out with a trading statement on Friday. The share price hardly budged. But I guess that the stock does not attract that much attention, it is quite tightly held, Hans Enderle owns ten and a half percent of the company through an entity, whilst the next three biggest shareholders own another 15 percent of the company and are not going away any time soon. In fact only around a quarter of the company's shares trade a year. Sounds like too much to me.