Since trading is quiet, I had the time to think up a question that might be on the minds of some other traders, too ---
What if IR's calculation comes up with their total shares owed at close to a billion shares; does the calculated amount get immediately cut down to a max. of 9.99% of the then-current O/S, or can they get x amount to bring their holdings up to 9.99%, sell some, then get more and sell those, etc., just as long as AT ANY ONE TIME they do not own more than 9.99% of the O/S ???
Any thoughts anyone ??
The agreement/court order is very vague ( intentionally so ?? ).
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