Replies to post #4531 on Bemax Inc (BMXC)

[ShadowElite]

Great buying spot perhaps.

[SOUTHGAS]

The way I understand they are already on the market as from what I have been taught here is an article on them>>>BEAKING DOWN 'Outstanding Shares'

Any authorized shares that are held by or sold to a corporation’s shareholders, exclusive of treasury stock which is held by the company itself, are known as the outstanding shares. In other words, the number of shares outstanding represents the amount of stock on the open market, including shares held by institutional investors and restricted shares held by insiders and company officers



Read more: Outstanding Shares Definition | Investopedia http://www.investopedia.com/terms/o/outstandingshares.asp#ixzz4VZU25Dni ;
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[Deuces]

From my understanding the shares were all but converted and sold on the open market already. The O/S hasn't changed. Someone correct me if I'm wrong.

[harbs]

yes, from the L2 action and the odd-price block prints, looks like some of them are still left to be sold into market...hopefully churns through them quickly