News Focus
News Focus
icon url

locksflooring

02/20/11 7:56 PM

#53248 RE: MinnieM #53247

You mean with the Mention of,It hasnt happened yet.

It’s about an 86% drop in percentage owned.

Not Owned you mean SHORTED,
icon url

necktoeye

02/20/11 8:04 PM

#53250 RE: MinnieM #53247

Seems you might not understand what THE A/S is or what it contains.

Your assuming your percnetage as if the 100 mill on the A/S will be sold the day after the split.


10000000 shares = X / O/S pre

2000 = X/ O/S post

Same %. exactely the same as a matter of FACT.


% only decreases if they sell shares from the A/S

Get it write.
icon url

Starlost

02/20/11 8:13 PM

#53251 RE: MinnieM #53247

It's pretty basic, I don't see how everyone doesn't get it.

Thanks Karen.
icon url

necktoeye

02/20/11 9:34 PM

#53266 RE: MinnieM #53247

Faithful or not, the percentage of ownership drops with that A/S coupled with the R/S. It's a fact.




NOT TRUE AT ALL> FACT
icon url

diannedawn

02/21/11 7:23 AM

#53310 RE: MinnieM #53247

This increase in A/S needs to be considered since it wouldn't be happening if it weren't going to be used. JMO



Exactly Karin! Why do some people here keep trying to gloss over this FACT?

Or they trot out Matt's quote about it not being "dilution" it was creating "shareholder value"... YEAH RIGHT!

Matt's quite the salesman, maybe he should have stayed in advertising...