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10,946 Posts.
3641
07/12/19
06:03
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No of course not .... but much better volume today at over 16,000 traded as I type.
Most of my (much larger) US E&P up over 4% ... XOP up 3.5% and SNDE up over 20% (LONE just 1%).
LONE trades around 80,000 shares as avg (out of 25M so about 1/3 of a percent) ... at same % SNDE would be around 25,000 traded.
Not great liquidity is it (roughly 10 month to trade all shares for LONE) so that means "equivalent" vol would be ~230,000 SNDE
Fair bit of catching up to do.
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