Thanks, Tig, I was confusing the OS with the float, and thus the 30% figure is correct. Also, your point about the volume of shares and the PPS is correct. However, if we are very close to locking up the float of E, why is it still the early stages? I recall another post which indicated that we were about half way to locking up the float of E, but we have never been given a figure or approximate figure of how much float is locked up, probably because such a figure is a guesstimate only. I do understand that after locking up the float the squeeze won't start until a significant excess of air shares have entered the picture.