The Shares float of Astra Energy Inc. is 36.215M 79.67%
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Astra Energy, Inc. is an emerging company in project development and renewable energy technology. It invests in and develops renewable and clean energy projects in markets; and cultivating a portfolio of intellectual property and licenses for renewable energy technology and generating projects to deploy that technology. The company was founded in 1989 and is based in San Diego, California.