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Re: [News] Bill Gates Has Dumped $3,639,031,883 of Microsoft Shares

  • Subject: Re: [News] Bill Gates Has Dumped $3,639,031,883 of Microsoft Shares
  • From: Rafael <rafael@xxxxxxxxxxxxxxx>
  • Date: Thu, 01 Mar 2007 23:38:34 +0900
  • In-reply-to:
  • Newsgroups: comp.os.linux.advocacy
  • Organization: Aioe.org NNTP Server
  • References: <58639847.8rSj9bvGmy@schestowitz.com>
  • User-agent: Thunderbird 1.5.0.9 (Windows/20061207)
  • Xref: ellandroad.demon.co.uk comp.os.linux.advocacy:499545
Roy Schestowitz wrote:

<SNIP>

For sale transactions from 04 May 2005 to 22 Feb 2007, 136,003,100 shares
were sold at an approximate value of $3,639,031,883 USD or
£1,857,580,215 GBP or
?2,756,603,042 EUR or
$4,249,261,139 CAD or
¥430,941,433,649 JPY.

Average price per share was $26.76 USD.

In essence according to Yahoo! Finance Edgar Online, sale was about $3.6
billion for 136 million shares.  Declared holdings as of 22 Feb 07 are
922,499,336 Direct, 425,066 Indirect for a total of 922,924,402 shares."

<SNIP>

136,003,100 / (136,003,100 + 922,924,402) = 12.8% or about 1/8th was sold.

Estimated worth:

922,924,402 x $26.76 = $24,697,456,998, say $25 billion US.

No, he isn't selling out like some think.

--
Cheers, Rafael

http://www.faqs.org/faqs/linux/advocacy/faq-and-primer/
http://www.hyphenologist.co.uk/killfile/anti_troll_faq.htm

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