Sunday, February 22, 2009 7:35:37 PM
instead of guessin, why not read the PRs...if u do ur dd, u will conclude that the AS is 2 T but the OS is 300B and the company is CLAIMING that NO more oustanding shares have been issued, other than the 300B...So, until proven otherwise, the company is stickin to the 300B, and so am I...How big is the float? well, that is another question all together!...but dont forget that many of the 300B are restricted...and the float will also be 'supposedly' reduced by :
1.JV firm 'off-market' buybacks
2.JV frim 'in-market' buybacks
3.Company 'in-market' buybacks
4.Euro broker 'in-market' buybacks
So what will the float be once (if) all the above transpires??? Your guess is as good as mine!
-PD
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