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Molycorp, Inc Common Stock Message Board

  • votingmachine votingmachine Aug 9, 2013 11:56 AM Flag

    Share Count

    I've emailed IR about the share count and will post the reply.
    For calculating the per share loss they used:
    Weighted average common shares outstanding-diluted 168,075,012

    I've been using 189 million in all my calculations ... Yahoo uses 188.57 million. It changes the per share number by about 5-6 cents. You put that change with the restatement of Q1 (raised Q1 by 6 cents per share ... I think) ... and suddenly the results get a lot closer to the estimates.

    Anyone know why the share count is 168 million?

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    • Votingmachine

      We currently have 188,607,514 as of 8.7.13. The number you referred to is used for EPS calculations on a weighted average.

      Regards,

      Brian Blackman

      Well that doesn't clear anything up. I didn't think the share count changed ... so to me the weighted average would be that everyday had 189 M shares, so Day1 x 189 + Day2 x 189 + ... Day90 x 189. All divided by 90 days ... that should be 189 M.

      Obviously I missed the share count change during the Q2.

      Oh well, that was the answer from IR anyway.

 
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