musical chairs, page-22

Martis I agree with your post.

Volumes have significantly decreased over the past week since the lifting of the TH.

Wed 28 Nov - Vol of 21 million, of which 50 were 100000+ share sales

Thurs 29 Nov - Vol of 11.5 mill of which 50 were 100000+ share sales

Fri 30 Nov - Vol of 4 million, of which 9 were 100000+ share sales

Mon 3 Dec - Vol of 4 million, of which 7 were 100000+ share sales

Today 4 Dec - Vol of 2.5 million, of which 0 were 100000+

***Note though the SP has remained relatively constant i.e. 19 - 21 cents.

Obviously the big fish aren't in the game atm. Today all trades have been very small indeed. There are 4.5m buyers and 8.5m sellers and of those it is obvious that a number of those a doubling up. Only $0.5 in trades today!!!

At the next ann. there will bet there will be at well over the 15m shares traded on the day.

So what does this mean to me? Well it means the current SP is not reflective of the true SP due to small buys and sells. The volume is too small to give an accurate SP and once better volume is established (at the next ann.) we will see the bigger fish start to feed again.

Whilst it is frustrating watching the SP slide, remember it is very small sales and the SP is remaining relatively constant. The thought that the SP will drop to 13 is just silly.