posted on
Oct 21, 2011 11:22AM

Welcome To The CGX Energy Inc HUB On AGORACOM
Edit this title from the Fast Facts Section

Message: ZIBO
Hi Stark:
The total amount of outstanding shares is about 324 Million and about 11 Million options that have yet to be exercised. 135 million fully diluted total roughly.
CGX issued 131,445,000 new shares in the bought deal financing which is included in the above amount.
All of these shares are held by shareholders like you & me and the insiders, PRE etc. The only shares that are available to be bought in the market are shares that are put up for sale by shareholders. Supply and demand should control the SP.
FWIW I don't think very many shares are going to be available until we hit much higher SP levels and I doubt shareholders like Pacific Rub will sell any shares, the actual float of shares available for trading might be very small compared to the total amount oustanding
Hope that answers your question. GLTA
Loading...
Loading...
New Message
Please
login
to post a reply