After reading this a few times, they might be actually hinting as to what the "retail" float actually is!
Let me know what you think about this....
We know the AS is maximum 800B. we now know the O/S EXCLUDING SHARES HELD IN STREET NAME (this being the key component!) is 703B.
This leaves 97B shares MAXIMUM which could be held in street name. And wouldn't all retail level shares be held in street name? I know my Ameritrade shares are in "street name." I believe all retail level shares should be in street name minus those retail investors who requested certs.
In this case they would most likely fall under the 2,000+ known shareholders.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.