Replies to post #15379 on American Airlines Group Inc (AAL)

[oldnick]

Correction to Cap calculation

I reran Junkman's #s and it appears his arithmetic is wrong - the sum is $33.708

As the cap is based on 96.5% of the VWAP over the 5 days the best VWAP for common stock holders is $33.708/.965 = $34.931