BLT 0.00% 2.6¢ benitec biopharma limited

finding the floor...are we there yet?, page-45

  1. 601 Posts.
    lightbulb Created with Sketch. 44
    I agree with you Wal, although I may conservatively suggest 50% of trades are just churn (bots)- no evidence for this.

    This means that when Cloak makes the following gratuitious claim "I would say that at least 30 million shares would have changed hands in the last 8 weeks. That's about what they issued ."

    And when this is actually researched you find:
    Mar: 11.5m shares traded in 12,300 trades
    Apr: 8.5m in 8,900 trades

    So we have 20m shares traded at an av of 950 per trade!

    But if you assume 50% of that is for the bots, then we only have 10m shares that actually changed hands!

    I hope we will soon see this thread return to a more informed platform - the one on which it was founded.

    Below is the question Cloak posed to J8 following his "least 30 mil" claim!

    J8
    Do you have any information to back up your claim?
    Or are you just rambling on again as usual with nothing to back up your statements..........pffffft
 
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