RYG raya group limited
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I just did a calculation of the VWAP for the past 15 trading...

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    19/11/15
    00:56
    Post #: 16428347
    I just did a calculation of the VWAP for the past 15 trading days using the ASX volume figures only i.e no Chi-X data.

    The VWAP is 3.5.

    Therefore the minimum price they can place the shares at will be around 2.6.

    Has the potential to be higher too if you incorporate Chi-X data as a lot of volume went through there during the recent highs.
    RYG Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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