Shares outstanding vs float outWe know that there are 19 million shares outstanding and 23 million shares fully diluted, with an exceptionally tight share structure. How many shares do you really believe are floating around?
Looking back at the last 12 months of price movement, it takes little to actual move the SP in any direction. I am assuming that there are less than 25% floating around and hereby once again will be accumulating more in segments at these levels. Take a look back and see when the price action moved more than 50% in one day, to determine the low volume.
If you are looking for the float percentage with your securities firm, you won’t find the update as it has not been updated.