Replies to post #441 on Freedom Holding Corp (FRHC)

[funnyG986]

BMBM 0.006 falling now.

[fojcol]

The owner owns 80.1% of the total O/S, that's true, but according to the 8K, that 80.1% is 224, 551,913 shares.

Here's a cut and paste of the 8K.

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.

According to my math, that leaves approx. 55M shares (19.9%) in the float (unless there are other shares locked up).