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2.0¢ niuminco group limited

Ann: Edie Cr Gold Intercepts in JORC Resource Drilling Program-NIU.AX, page-141

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goldscraper

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192

12/10/16

11:09

Post #: 19796084
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Originally posted by BXY93 ↑

On Monday, 2,865,339 traded at 0.006 & 533,333 traded at 0.007
On Tuesday 4,100,000 traded at 0.007 & 9,912 traded at 0.006.
Today there has been 100,000 traded at 0.007.

VWAP on Monday would be 0.006157
VWAP on Tuesday would be 0.0069976

My initial calculation would have been the VWAP of every day, so each day has different weights because there would be different volume traded each day.

IF it was infact averaged per trading day, then the VWAP would still be above 6.25 which is the minimum for the SPP to be priced at 5. Not sure where you got the 4 from.

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I did say just above $0.004, which would be $0.005??

NIU Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
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