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11/11/05
11:17
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Angry for a long long time
SSI future seemed to be that of GCN
SO for a long time buying SSI was buying GCN
But only at a terrific discount..
You mean it was liquidity considerations that made people buy for example GCN at .06 but not SSI at .12 ?
Even though SSI gave you 10 or 12 GCN and more as well ......
In the long term if GCN prospered and delivered
SSI would be IT.... IF GCN failed what was the use of liquidity in the past ?
That is all noise and a clear demonstration of what noise does for you...
( the figures are from memory may be not actual but they give the idea )
And Angry what is liquidity ? is it not turnover as a percentage of free float...
I have been trying to understand the 5% rule
It looks to Me that SSI free float would be around 14 million shares ?
Got that if 14 mil turnover in a year that would be 100%
How many companies in the S&P300 have a free float of
just 14 mil shares ?
even a 10,000 parcel is a significant one..
How long does BHP free float take to trade ?
This I think is the sort of measurement ?
Also S&P is reviewed next march I think..
In the meantime the company can achieve a lot of progress ( can ! ) We will see..
and lets keep a eye on those charts We have seen that 3.40 ...
But I Do not know and S&P site not that clear
maybe they can review intra period????
motorway
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