Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 0.694

-1.1%

1:58 PM EST

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To: Ron Luhmann who wrote (11197)	12/8/1998 1:24:00 AM
From: milton	Read Replies (1) of 14328

Ron Luhmann: Several comments. We see triby's options expiring in January which should reduce the dilution by some 1 million shares if my memory serves me correctly. Next we need to see an increase in volume and possibly an increase in float. Is it possible that the shareholder's interest would be served by giving shareholders a split of 1/1, thereby increasing the total float to 50 million shares without diluting any single shareholder's holdings. You would just have your share number doubled. Why? I think there has been significant accumulation with people buying and holding shares. I know I have bought a large piece. If we have a significant float then it may be easier to increase the float. Next we have to see triby's capitalization move above $100 million. That plus the increased float would make for great possibility for volume.

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