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ams13sag

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ams13sag

Re: ellismd post# 125176

Wednesday, 09/07/2005 12:22:41 PM

Wednesday, September 07, 2005 12:22:41 PM

Post# of 433025
If so it would not change the debt to equity ratio. If he borrowed to reduce the float, then the ratio would get worse not better, and whilst the p/e impact of a lower float would be positive the interest payable would completely negate any advantage.

The only answer is to ask IR for a logical explanation.

ams
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