Honestly I don't care too much about the float. The point is that all that counts for me is the O/S and as long as this stays the same I'm ok on this.
I mean I'm not surprised that many are selling their shares and probably there will be many more sellers to come. If these guys don't sell now we might have tough overhead once it gets going so I almost prefer them to sell now, the point is that at this level at least we have enough people interested in buying down here and I guess many shares get into strong hands.
I might overlook something of the importance of the float here but I really don't care whether you hold these shares or a bunch of PP guys.