The IBD 100 states 8.8MM Float, that sounds abot right from Yahoo's 27.3MM total Outstanding Shares and the Erg's of $0.22 on $5.3MM (I'm sure these ##'s are rounded for the article). It looks like +/-27MM total outstanding shares with an 8.8MM float. GE owns 15%, that's +/- 4MM shares, Insiders on Chinese stocks hold Huge amounts of outstanding shares, usually 50-75%, so the IBD 100 Float of 8.8MM shares looks right. BOL b_billy sedona
Shares of China Medical Technologies (CMED:Nasdaq - commentary - research - Cramer's Take) rose 10% after the medical device company posted large year-over-year gains in second-quarter earnings and sales. China Medical earned """$5.3 million, or 22 cents per American depositary share""", on sales of $10.9 million. Earnings during the recent period jumped 61.3% while sales increased by 81.6%. The lone analyst forecast called for earnings of 19 cents a share and sales of $10.4 million. "The strong growth of our sales of the ECLIA system since its introduction in September 2004 contributed to the substantial year-over-year growth in both our net revenues and net income for the quarter," the company said.
There's your answer, """$5.3 million, or 22 cents per American depositary share""",