Thursday, June 19, 2008 2:04:08 PM
If Wilf sells some of his personal shares, he gets the money. The number of total shares outstanding also remains the same, as all that happened was the owner of those shares changed to the buyer.
When the comapny sells shares, the money goes to the company but the number of outstanding shares INCREASES, as does the float. that means we are all diluted in our holdings, and own less of the company than we did before the sale. That's the bummer of the company having to sell shares.
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