>> Is there a standard we should be following here?
> I think the only "standard" is ARM docs.

FWIW, the IEEE 754-2008 standard specifies 16 bit floating point numbers 
(referred to as "binary16").
According to <http://en.wikipedia.org/wiki/Half_precision>:

| It is intended for storage (of many floating point values where higher 
precision need not be stored),
| not for performing arithmetic computations.


Jonathan


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