RE: I guess we could.....3 Nov 2024 09:35
Totally agree JPP8788. The more shares issued, the greater the liquidity and volility and ease of entry. noone here has whole shares in Berkshire Hathaway ( at least not directly) because the SP is $680,000 per share and you wouldn't buy Berkshire Hathaway expecting/ hoping for the SP to increase to $6.8 million per share in the next 12 months so the more shares O/S the greater the volitlity but in the final analysis if you own 1 share in Berkshire Hathaway you own a tiny % of the company in exactly the same way as owning 20,000,000 SYN shares affords you a tiny% ownership in SYN. As footnote, Rolls-Royce have 8.5 billion shares O/S as they had to do a 5 for 1 rights issue to save the company during covid but I'd bet buy backs will be on the cards for Rolls as they increase profitability.