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Sunday, August 19, 2018 7:31:28 AM
By lowering the OS to 90M with an accompanying increase in pps the amount of tradeable shares are reduced where pps manipulation is less likely due to less availability. The effect of this is to also limit or decrease future retail participation due to the high pps and also a few companies owning the vast majority of the available shares.
Never said the pps couldn't go up but understand also small block trades can also have a greater effect on the pps if made by KKR or Fortress. I believe I've already addressed the math issue with any RS, yes that specifically does not matter but there are still other concerning issues.
Let's stop pretending that this possible RS scenario is an all positive move that is of no need for any attention or concern, it's disingenuous.
FACTS...NOT EMPTY RHETORIC!!!
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