I dont care what they call these things. Trades or trade reports, crossings, whatever.
But ON PRINCIPLE, if stock changes hands, the market data SHOULD reflect:
1) Volume 2) Price 3) Last price 4) VWAP
Now 3 and 4 are excluded from these NXXT and 4 is excluded from an increasing number of crossings.
This means that a company can cross 10% of it's stock at 5c (say 100m shares) and have one other tiny 1000 share trade at 10c and the VWAP for that day will say 10c for volume of 1001000! patently wrong!
Now from reading the NXXT spec I see that is also not supposed to update VWAP, but it seems in PNO's case and maybe some others it does. but the spec says it should not, so who really knows what is going on with market data these days.
I tell you we should all cash out all our stocks and go down to Packer's casino and put it all on either red or black.
