It'll still be a percentage, but a different, and larger, percentage. Say Pentax has 100,000 shares in issue, and Sparxx have 25%, which is 25,000 shares.
If Pentax buys back 20% on the market, Sparxx will still have 25,000 shares, which will now represent 25/80 of the capital, or 31% (approx). John On Thu, 10 May 2007 16:10:58 +0100, Jack Davis <[EMAIL PROTECTED]> wrote: > It'll still be a percentage of the total shares available.(?) > > Jack > --- John Forbes <[EMAIL PROTECTED]> wrote: > >> If they buy back more of their stock, Sparxx will be left with a >> larger >> percentage of the total that remains. >> >> I doubt if that is what Pentax wants. >> >> John >> >> On Thu, 10 May 2007 11:15:17 +0100, Paul Stenquist >> <[EMAIL PROTECTED]> wrote: >> >> > Buying back your stock is seen as a healthy move by most long term >> > investors. And it generally results in an increase in share value. >> > Paul >> > On May 10, 2007, at 12:37 AM, [EMAIL PROTECTED] wrote: >> > >> >> In a message dated 5/9/2007 8:28:53 P.M. Pacific Daylight Time, >> >> [EMAIL PROTECTED] writes: >> >> This thought may have been offered as I've only looked at a few >> of >> >> these posts. It may be that Pentax is taking the same route as >> many >> >> have and that's selling certain assets to generate cash in order >> to >> >> control more of their stock, thereby hoping to fend off a hostile >> buy >> >> out, in this case, by Hoya.(??) >> >> >> >> Jack >> >> >> >> ========== >> >> Well, that's possible. But, if so, it's a real desperation move. >> >> It would >> >> mean they are seriously pressed and this may not come out the way >> >> people would >> >> like. I think it much more likely they are decreasing debit to be >> >> more >> >> profitable. There are to ways to affect the bottom line: 1. sell >> >> more 2. decrease >> >> debit. >> >> >> >> I would like to think they are that rather than being so >> desperate >> >> to buy >> >> more stock and the only raise the money to buy more stock is by >> >> selling HQ. On >> >> the decreasing debit side, selling HQ would imply laying off a >> >> serious amount >> >> of middle management and other things along those lines. But I >> >> don't quite >> >> understand the rules of the merger with Hoya, evidentially they >> >> can't seek out >> >> outside investment during that time period. So I suppose it is >> >> possible. But >> >> that type of move would not appeal to current investors. >> >> Decreasing debit >> >> would. >> >> >> >> It might make current investors, in fact, abandon ship. Which >> >> would not be a >> >> good thing. >> >> >> >> Marnie >> >> >> >> --------------------------------------------- >> >> Warning: I am now filtering my email, so you may be censored. >> >> >> >> >> >> >> >> >> >> ************************************** See what's free at http:// >> >> www.aol.com. >> >> >> >> -- >> >> PDML Pentax-Discuss Mail List >> >> [email protected] >> >> http://pdml.net/mailman/listinfo/pdml_pdml.net >> > >> > >> >> >> >> -- >> Using Opera's revolutionary e-mail client: http://www.opera.com/m2/ >> >> -- >> PDML Pentax-Discuss Mail List >> [email protected] >> http://pdml.net/mailman/listinfo/pdml_pdml.net >> > > > __________________________________________________ > Do You Yahoo!? > Tired of spam? Yahoo! Mail has the best spam protection around > http://mail.yahoo.com > -- Using Opera's revolutionary e-mail client: http://www.opera.com/m2/ -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net

