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Heartware International Inc. Message Board

  • hlchlc1234 hlchlc1234 Oct 20, 2009 10:36 PM Flag

    I have no inside information but at some

    point this company is going to do a secondary and have a split. There are only about 10mm shares outstanding of which 60% are closely held. There just isn't enough float for institutions to take a position and difficult for a major brokerage house to recomment because investors can't buy in size.And any company would like to have institutional sponsorship. Split and secondary is coming, probably sooner than later.

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