lambda all I have to say is do the maths, here I will help you.
100 million x $0.01 = $1million.
Next step, lets assume that
insto did 10% of daily volume
for a period of 6 Months
and they picked it perfectly with no brokerage
Ideal situation which in reality would never happen then
six month total vol say 1.4 billion shares
10% is 140 million shares
140 million shares x $0.01 is $1.4 million
for interest sake vwap real rough approx is say 38c
so turnover required $53.2Million
1.4mil /53.2mil is 2.63%
Once again please think before you post
hey we are back at 30c, is the dt intact??, page-18
-
- There are more pages in this discussion • 13 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.43 |
Change
-0.170(2.24%) |
Mkt cap ! $6.977B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.56 | $7.43 | $6.923M | 925.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 12286 | $7.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.44 | 2729 | 9 |
View Market Depth
| Last trade - 12.28pm 14/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |