$TXHD for research purposes only...Auctis Ok this
Post# of 1705
Ok this post is about conversions based on a calendar that Iv done my best to keep up with the conversions. There is 3 scenarios...What is completely accurate is Octobers count...which had 14 trading days with 9.8M (two 4.9M blocks) and one 4.9M block on Oct 16th....the 17th-20th no blocks were traded. As of TODAY 10/29/17 142,100,000 Shares for Auctis in October Alone. Now on my calendar PRE OCTOBER i have 62 Trading sessions -3 days that I did not see any go through at all. This is also taking away holidays (July 4th, Sept. 4th, Oct 9th) for 59 true trading sessions PRE October.
Ok First scenario and i feel like its the safest to assume is...(9.8M is 2 block days)
40 x 4.9M=196,000,000
19 x 9.8M=186,200,000
= 382,200,000
+142,100,000
524,300,000
Most days have actually 2 blocks go through so im trying to be conservative and figure it with the majority being 1 block.
SCENARIO 2.
This would be that every day was only 4.9M and adding in OCTOBERS count.
59 x 4.9M =289,100,000
October =142,100,000
TOTAL = 431,200,000
This would be absolute bare minimum and i do not believe this is true because iv seen the multiple blocks long before October. But its here just incase for the glass half empty type.
SCENARIO 3. This is the one iv actually followed since around the beginning. But my numbers are over the limit...
30 x 4.9M=147,000,000
29 x 9.8M=284,200,000
October =142,100,000
TOTAL =573,300,000
This one is why i was looking for confirmation on Auctis being finished around Oct 17th-20th...But found out that Monday they were on the ask again. Most of them are T trades sold into a bid within 20 mins of the afternoon bell.
Another way of figuring is between 100-150M a month average on the conversions. It all puts you over 500M shares. Its still on pace to be finished by or early November imo. Which is perfect...