Sunday, July 27, 2014 4:46:29 PM
The float (amount of shares in the glass) is 1,252,975,154. That 5 billion share figure you reference is the shares in the float being traded.
It's one "glass" of shares and the shares trade accounts back and forth at different prices. At the end of the day it is still 1,252,975,154 shares in the glass. But the trading volume each day is different. Add up all the trading volumes over a given time frame and you have your 5 billion share count cashclan.
I think this explanation might help...
Let's say I had 1 billion tickets and put them in a bucket. One day I decided to sell all of those tickets to random buyers. Now a certain number of random buyers hold all 1 billion tickets. Each day those random buyers can trade (buy more or sell) those tickets between each other and other random buyers. Guess what, the number of tickets always stays the same regardless of how many times they are bought or sold. But if you count the amount of tickets that are bought and sold each day, the number would start to add up. Over the years, the amount of tickets bought and sold would be more than 1 billion but that doesn't mean more tickets were added to the original count.
Now do you understand how this pure math? There is no addition or subtraction to the float..it's the same shares traded over and over.
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