Originally Posted by
SailorRob
It's not about the size of the float.
It's the ratio of float to equity.
Instead of being a dork why don't you think carefully through what Mav has highlighted here and critique it properly?
Perhaps the takeaway could be that Ryman is the better investment - you'd have to do a bunch more work to figure that out, but yes they all have a similar model.
Daniel Gladis, one of the world's greatest investors, once told me there were two companies he followed in NZ, one of them was Ryman.