That is an inaccurate definition of free float in respect of a companies securities. Who is talking nonsense?
Free float refers to shares on issue, available to be traded on a public market, with no restrictions applied. A holder not wishing to sell and keeping their shares in a bottom drawer is not a restriction. Bottom drawer shares are still part of the free float, not exercising a right to sell on any given day does not imply those shares are not part of the free float.
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Last
$50.72 |
Change
0.360(0.71%) |
Mkt cap ! $20.64B | |||
| Open | High | Low | Value | Volume |
| $50.55 | $50.84 | $50.21 | $11.06M | 218.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 367 | $50.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $50.95 | 367 | 1 |
View Market Depth
| Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
| SGH (ASX) Chart |