Let X be a nonsingular complex projective variety that is acted on by a
reductive group G and such that Xss=X(0)s=∅. We
give formulae for the Hodge--Poincar\'e series of the quotient X(0)s/G.
We use these computations to obtain the corresponding formulae for the
Hodge--Poincar\'e polynomial of the moduli space of properly stable vector
bundles when the rank and the degree are not coprime. We compute explicitly the
case in which the rank equals 2 and the degree is even.Comment: Final published version. arXiv admin note: text overlap with
arXiv:math/0305346, arXiv:math/0305347 by other author