if the first quarter Betking buys back 5% of the 10% offered, or 5,000,000 BKB - with then next quarter divide the profit by 95,000,000 outstanding BKB? Or will it always be divided by 100,000,000?
Basically, what happens to the re-purchased shares? And how will that affect future profits for the investors?
Surely: when shares are purchased they stop being owned by the seller, and start being owned by the buyer. If Dean buys 5 million shares from investors, Dean will have 5 million more shares than he had before, and so will get an extra 5% of the profit. Investors will get 5% less of the profit, but individual investors who don't sell won't be affected by those who do.