Friday, August 10, 2018 11:06:38 AM
the float then showed as 273,346,043 (313,024,139 - 39,678,096 = 273,346,043) then subtract the remaining reported to be retired 273,346,043 - 24,353,095 = 248,982,949. We saw approximately 4m shares through institutional MM's that appears to have become unrestricted during that time. So, when all is said & dome the true float will be what was reported on 8/01/18 @ 253,695,212.
imho CG was so excited that pre-maturely reported the number w/ all already retired as they had never been deposited previously as per the 1st PR yesterday
I give him kudos for getting them retired yet a low C grade on his initial reporting yet do appreciate his clarity & correction.
CG does seem to have been definitely trying to be more transparent as launch nears.
sorry for the lengthy post yet I base my calculations on the numbers provided & the number seen on the trade sheet this week (combined)
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