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And anyway, high street branches carry a float of less than £5,000 in cash.
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Kazakhmys, another FTSE 100 company, owns 26% and the Kazakh government 12%, leaving a free float of less than 20%.
The company, which offered a small float of less than 10 percent, is now below the price at which it opened trading, but is still valued above $6 billion based on its market capitalization.
"About half of the stock rests in family hands, with another 20% controlled by French yogurt maker Groupe Danone," says Kennedy. "The company has less than 17 million shares outstanding and a trading float of less than 5 million shares".
He's strictly a technical stock picker going for breakouts on high volume, typically with stocks that have a float of 10 million shares or less and trade in the single digits.
(Hikari has a float of only 31 million shares).
Decades passed while yields floated within a range of less than 1%.
To finance the BK Sever deal, Fitzgibbons floated a junk bond of less than $5 million with a yield in the mid-20s.
A Float fraction of density 1.3.
It is, you realize, nothing less than a floating distillation of English inclinations and values, a watertight container of cask-aged nostalgia.
Keidanren, Japan's business lobby, recently floated a less ambitious version of the idea.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com