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Replies to post #2683 on Cannagistics Inc (CNGT)
trademax42
10/31/20 8:39 PM
#2684 RE: La Cima #2683
For instance, restricted shares refer to a company's issued stock that cannot be bought or sold without special permission by the SEC. Often, this type of stock is given to insiders as part of their salaries or as additional benefits. Another term you may encounter is float. This refers to a company's shares that are freely bought and sold without restrictions by the public.
A simple calculation to determine a company's active shares is to subtract the number of closely held shares from the total shares outstanding.