tightly held, page-4

Thanks Dave.

Hirise.

My interpreation of the chart is that during the last month the share price has dropped about 4.5% only on 4.6% of total shares available. Of course this 4.5% of shares would have a component that would be day traded and have been used in scalps etc. This, therefore, indicates to me that the shares are tightly held and that the holders are not panicking but are looking at greater returns.

The second graph is a demonstration of liquidity.

It has taken a month for about 36 million shares to be traded. In one day alone, during the last 12 months, about 124 million shares were traded showing that the share has great liquidity.

Imagine if that number of shares were traded on an up day now.

Cheers Bungi2