mug punter alert

Average Daily volume prior to December 2007 : 3,000,000
Average Daily volume since December 2007 : 60,000,000

Average trading parcel : 10,000 units
Average daily trades : 50,000,000 / 10,000 = 5,000
Number of trades per annum = 5,000 * 250 = 1,250,000
Transaction costs per share (buyer + seller) = $40

Total Annual transaction costs = $40 * 1,250,000 = $50,000,000

Nice !

Glad I own the broker houses and exchanges.
I appreciate your custom.
Please call again.


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