lambda all I have to say is do the maths, here I will help you.
100 million x $0.01 = $1million.
Next step, lets assume that
insto did 10% of daily volume
for a period of 6 Months
and they picked it perfectly with no brokerage
Ideal situation which in reality would never happen then
six month total vol say 1.4 billion shares
10% is 140 million shares
140 million shares x $0.01 is $1.4 million
for interest sake vwap real rough approx is say 38c
so turnover required $53.2Million
1.4mil /53.2mil is 2.63%
Once again please think before you post
hey we are back at 30c, is the dt intact??, page-18
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Last
$6.76 |
Change
0.020(0.30%) |
Mkt cap ! $6.318B | |||
| Open | High | Low | Value | Volume |
| $6.76 | $6.81 | $6.72 | $16.83M | 2.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9162 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 5455 | 1 |
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