Re: Institutions now own 15%. Figuring out the float.

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paperperson

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Re: Institutions now own 15%. Figuring out the float.

in response to

Re: Institutions now own 15%. Figuring out the float.

lawnbowler

posted on Oct 05, 2008 05:28PM

"management controls over 50% of 88 million - now call it 45 million controlled by management.

"Institutions own 15 million. That leaves 88-(45+15)=28 million in public hands."

You are right, lawbowler!

I guess that means the overall float is 43-44 million, right?

Michael

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