PHI Group Inc (PHIL): With 10 M dollars, Henry can buybakc 12...

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Re: Djk0689 post# 38752

Thursday, 12/03/2020 1:58:22 PM

Thursday, December 03, 2020 1:58:22 PM

With 10 M dollars, Henry can buybakc 12,5 B shares at an average of 0.0008 $ .If you’re saying that he needs to reduce the numbers of shares by 10 B (leaving around 3 B), the average will be 0.001. So he has some room to play with.

Can he do share suppression of the float not held by shareholders? That would be faster

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