Top 20 as of Sep 18 holds 320 million shares and with NST lifting their holding to 23% approx I suspect top 20 hold around 350 million shares.that leaves a free float outside top 20 of 200million shares and I’m guessing 100 million of those are tightly held.
Won’t be easy for NST to pull off a low ball T/O,they will have to pay a hefty premium to get their 90% of SOI.
from bad to worse, page-41
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