I think he told you the float was 3/4m like he told others because he was deducting what all the insiders have tied up. While thats all fine and good its definetly not the same as a true 3/4m float. The float is 37m. If something was to go wrong the ones holding the 3/4m that insiders dont have are on a uneven playing field. I liked it allot more when I thought all the insider shares must be restricted since I was being told the float is 3/4m ...Not quite true!
So far it appears the insiders are holding all but 3/4m shares. I can only guess that from the trading but does appear that way indeed
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!
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