RE: Why do so many posters20 May 2018 17:57
Been trying to get my head round this. From what I understand 150m shares (including open offer) could potentially have been added.
Of this, say 67m shares will actually be added, and around 90m could potentially have been forward sold.
So as of Monday morning, 25m issued, potentially 90m to be balanced. Meaning the entire pi sharebase needs to change hands to even start coming close.
But this all depends how many have actually been forward sold. If it's less than 25m then no squeeze I think???
Just my understanding