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Re: jdsgungho post# 52313

Tuesday, 02/19/2008 3:09:36 AM

Tuesday, February 19, 2008 3:09:36 AM

Post# of 107353
Hey guys, not sure if I understand this well: Steve says the float is only 13 million. If someone owns 100.000 shares, does this mean that this person owns almost 1% (0.76% to be exact) of the float. If I would say that the average shares holded over all the shareholders is 100.000 shares per shareholder, in this case there are only 130 shareholders needed to own the complete float? Wtf that's almost nothing....considering there are some institutions owning a big chunck of this float also.
I guess only on I-hub there are quite some individuals owning more then 100K shares (if I look at myself, I come pretty close to this number). Did I made a mistake here, or is this correct?
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