Yes Zlate an extraordinary days trading; a total volume of 30.1 million shares traded, so about 17% of the script.
An VWAP of .1793, which is good. Put simply, there are now holders of 30.1 millions shares with a collective buyin averaging at .1793, and that will I think tend to put a bottom under it. So long as the DOW does not tank horribly overnight.
I seem to have ended up with about 800K at an average of a bit under 17.5, which will of course be remarkably poor if there is a sustained tanking, but good if we are only down in the very short term and then pop up a bit. It maybe that a wee steeling of nerves will be required tomorrow, depending on the DOW and whether there is still substantial offloading. Still, I think the fundamentals in combination with the speed of the drop justify a bit of a risk.
So, good luck to all holders and churners and adieu.
OEX Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
