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How many shares does retail truly own? 90% of the float right? but does this exclude index funds? or all institutions? index funds and ETF's? index funds and hedge funds?
Surely doesn't that mean there's more than 513m shares in issue? or do you have to double count the shorted shares? does this prove or disprove the existence of synthetic shares? or does this calculation not even address synthetic shares?
Hopefully this video helps clear up your confusion about the number of shares held by retail investors and the existence of any synthetic shares... if AA actually even included synthetics in his calculation.
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