WhyDRS

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Baffling thing about DRS numbers (lemmy.whynotdrs.org)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 11 months ago (1 children)

I agree that the entries on the ledger would not be cumulatively more than the amount of issued shares, but I was under the impression that it would be possible to get an accurate tally of the DRS count from the ledger, which is what we seem to be lacking.

[–] [email protected] 2 points 11 months ago

I understand better what you had meant now.

Personally I believe the numbers GameStop is reporting are accurate. I am not sure why they changed the language - and I can not claim to know exactly why we've been fairly stagnant for a year. I don't want to make any assumptions that there is ill intent in one of the few primary source filings that retail has access to, and in one of the most key metrics of this saga.

(rough numbers) ~300mil issued shares and ~75mil DRS holders + ~225 shares held with Cede is the same regardless of which number you put first in the sentence. Either way, A+B=C or C-A=B, you know?