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Re: Sojourner55 post# 299345

Monday, 08/10/2020 11:21:56 PM

Monday, August 10, 2020 11:21:56 PM

Post# of 700177
BP buying a percentage would increase shares outstanding even more. Unless the market price dropped on such an investment (seems unlikely), LP could not buy more shares than that on the open market.

If there is a deal that pushes the price up, the cost of buying back shares would increase. It would also make it far more likely that options/warrants/converts get exercised, which again would increase shares outstanding.

Your idea does not work.
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