PCK 2.94% 3.5¢ painchek ltd

Ann: Third Quarter Report FY 2016/17, page-28

  1. 259 Posts.

    Hi @dominic824 @Michaeljob

    A question regarding share turnover. What figure usually confirms a breakout or signals that the overhang is gone? As michael mentioned it has been about 170% (400m) of available shares traded since listing, but menioned it still requires another 100m to trade which would mean about 200% (500m) shares traded. How or why did it come to this figure? Is it usually 200% traded before a B/O?

    Cheers

    L.G.
 
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