>>Also in YOUR example assuming company XYZ had 10mil shares @ $10 and $10m net cash then it's got $1 per share NET CASH (aka net tangible) if they sold $10m worth of stock they'd have 11m shares and $1.10 net cash per share<<
LOL! You think $20m/11m = $1.10?? Arithmetic is not your strong suit ... but what is?
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