kalisana1
New member
Can anyone offer any light on this subject having bought and sold a couple of boats i was curious to know the origins of these share options
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64 sixty fourths
- Thread starter kalisana1
- Start date
tony_brighton
New member
Originally done to allow plenty of scope for shared ownership (which goes back a long way in nautical circles). 64ths because its a binary multipe and divides down easily.
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aod
New member
Comes from pieces of 8. 8 pieces = a whole. 8 x 8 = 64
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