re: look highest volume ever traded Plough ,I have also had a...

re: look highest volume ever traded Plough ,I have also had a look at this (excluding any other assets & liabilities they may hold)- if we look at their BMX asset only yes they are possibly undervalued & provide good leverage on BMX sp rise- however you do need to take into consideration that they took an equity loan to top up on last placement -22.3m shares I think at 15.5c approx $3.3m (refer ann 15/11/04)- also do not forget to take into consideration a tax liability (not sure of their tax loss position although it maybe nil given the level of accumulated lossses)..maybe this is what the market is taking into consideration - well that was my conclusion after doing sums anyway. cheers Andrew A