RE:RE:Washington DC Mar 31Hi G1945V.
All I did was go into my investment account (TSX listing) and then into RVX which then shows the trading status, trends and then it describes the # of shares in the float and outstanding shares. So that's the 51mm and 74mm respectively.
Then, based on memory from past posts, I guessed that Eastern + NgN + Don + Dr. Wong and family and friends and other executives might hold 53%...purely a guess!!! Perhaps it is much higher but what I remember from past postings is that these groups and people have voting control.
So then I applied 47% to the floating shares to get a crude idea of the possible maximum liquid shares. I realize that the 47% does include non liquid shareholders (like myself because I am not selling at least anywhere close to current prices).
Now I know from following the posts that a number of people, including you, have a much better grasp of the numbers than me so I defer to you and others who have done the analysis with more rigour than me.
What I'm trying to feel out is the approximate size of the liquid float. I'm looking for more rigorous analysis so please straighten me out. I do not want to lead anyone astray with grossly wrong numbers.
So it's definitely DYODD on this one.
I think we all (???) recognize that at this stage the value in the short term will be driven by completion of the financing of the phase 2c trial and the form of the financing. This will give a significant vote of confidence to potential investors and the impact on whatever the size of the liquid float is.
As always, I'm here to learn.
Cheers
Toinv