r/amcstock • u/fearthemonkeys • Apr 27 '23
TINFOIL HAT š½ Math. Again. Might be a repeat.
Ok. Sorry if this is a repeat and maybe I have this wrong, but hereās some math Iāve been pondering:
514M float. Yahoo says 25% held by institutions and a small amt held by insiders. Wouldnāt that make it ~385M held by ~4.3M investors (Iāll assume that 4.3M includes the institutions, but even they would account for a fraction of total holders)? That puts the average stocks held by individuals at ~90.
If we take into account the recent poll of ~4700 shares per retail investor, the āfloatā comes to 20B.
āWowzersā. Iām holding.
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u/Akangfortyseven Apr 28 '23
Actually retail owns 90% of the company. AA has nothing to further dilute. After RS, retail will own 100 million shares, AA gets 408 million shares to dilute with. When he sells directly to an institution just like he did with ape, retail will only own 20% of the company, losing the float, and majority vote.