Replies to post #30280 on Alcar Chemicals Group, Inc. (fka ALCX)

[gcduck]

"the float would now be 45 million + 68 million = 113 million shares. Chances are pretty good that posters on this board would have bought a large percentage of Alex's shares.
Since we hold the same amount now as before and it is 1/3 of the float, this must have significance."

But 1/3 of the float is relating to the 45mio shares.
IF Mr. Cavasin would have sold his 68mio shares, we only would own 1/10 of the float, or what am I missing?
And the other question is, IF there is a float of 113mio shares and ihubbers own about 15-20mio shares: Who owns 90-100mio shares, where are they?

Ok...???... it's definitely time to sleep, half past twelve...yawn - glta

[gcduck]

"Since we hold the same amount now as before and it is 1/3 of the LISTED float, this must have significance."

Ok, I read it through again, and I understand your point now.
But what could be the "significance"?
Today someone described the scenario, that the 68mio shares were sold in the market between 0,18 and 0,04 - who bought these shares, if we didn't buy them?
And how could it then be possible, that the 68mio shares were bought back between 0,04 and 0,007? This seems odd to me...