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To: loantech who wrote (53118)11/19/2007 2:58:23 PM
From: marcos  Read Replies (1) | Respond to of 78413
 
Well hurry back man, you know how i hate responsibility, and you're better at it anyway

The whole issue of how-many-shares-out in absolute numbers seems to have shifted to more of a british style, where they trade quite large successful companies in a few pence per share, and consider only total market cap in valuation, there is no stigma to a 'low' per-share price ... and that's probably more rational, still we'll have degrees of prejudice against 'high' floats here for a long time yet, i know i have lots of it, very much prefer a lower f.d. number just for itself

Both epm.to and wgi/wgw got all those shares out because they ran into problems years ago on the way to their current successes ... so it goes ... and it's likely a good part of what keeps them cheap, relative to their earnings prospects

ccu.to - here's one that looks like it's about to have a whole lot more shares out, on its way to such success and earnings as it may eventually enjoy, under whichever management and ownership it enjoys when it gets there ... have you looked at ccu, Claude? ... be a great idea at a dime or so eh, if it worked