Post
Topic
Board Securities
Re: [BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares
by
burnside
on 09/05/2013, 21:28:55 UTC
Burnside,

First let me say you are doing and have done a fantastic job on all fronts.

Quick question: I notice on the ASICMINER-PT History page that at the beginning of April you bought back some share reducing the total holdings of the pass through. I'm just curious why you did this?

Thanks

Drops in the outstanding share count happens when people withdraw from the PT to direct ASICMINER shares.  That way we can make sure that all shares being traded are backed at all times.

Cheers.