17.5 mill shares traded friday, page-9

Not sure of the number of shareholders that will apply.

Assuming about 7000 share holders (SEA last annual report plus about 1500 from TXN - but just a guess) and an application by 60% as new shares are in the money already, and only $15 million worth of shares to be issued.

Then we will get 17.44 million shares issued to 4200 shareholders or 4,152 shares each.

Less if there are more shareholders apply. May be more or less shareholders, does anyone know a more accurate number?

Good luck selling then trying to buy back in after the spp closes.

Anyway good luck all and DYOR