Replies to post #433 on Freedom Holding Corp (FRHC)

[fojcol]

On November 23, 2015, BMBM and Timur Turlov entered into the Acquisition Agreement, by which BMBM acquired FFIN, in exchange for 224,551,913 shares of BMBM’s common stock, which constituted approximately 80.1% of its 280,339,467 shares of issued and outstanding common stock after giving effect to such acquisition.

So, 224,551,913 shares held by new owner. Most assuredly locked up. Total O/S about 280, 340,000, of which approx. 55M are free trading.
The $8 million cash on hand gives each and every share a present cash value of $.0285. That alone is almost 5X present value!!!