yes. same calculation with different market cap and nbr of shares retired. If you use 300M market cap (0.06 pps) and a decrease of 1B each insted of your 1.25B you get 300M / 3B shares = 0.1 so an increase of 0.4 from 0.6 so 66%
Conclusion: more shares are retired, more interesting it is for common shareholder. Quite obvious but worth telling again.
So yes... if someone was willing to pay 0.05 today, he should/would be willing to pay 0.083 with a 3B O/S And someone who was ready to pay 0.06 would be ready to pay 0.10 ...
tefftb, there is no way that PwC or EPGL will give up shares of stock without a guarantee of return. Retiring non-trading stock will not magically make EPGL share price go up or down by any percent.