Oh boy! Not a good statement.
Let the audit and fins speak for themselves. At anyone time, shares on 'hold' can go up in smoke. Decisions, like emotions, have a tendency to do a flash dance. High today, low tomorrow.
No way of determining the 'reality float' that long term holders create by not offering up their shares for sale...today. Tomorrow, well, maybe I should sell some...
Reality float numbers should be left up to the investor to speculate on. Provides a framework to float their current line of reasoning....