RE: Looks like volume is drifting off17 May 2023 16:33
Approximately 4,600,000,000 new ordinary shares being churned in
So total is now 8.4 Billion, past couple of days only around 2 billion churned
and a lot will be routine stuff, takes way longer to churn a placing than just
the amount of shares.
For perspective , when AMGO ex founder/ceo dumped his 50% of the company
he did it 1% per session for 50 sessions , his daily delayed large sell, was a tiny
fraction of the listed sells and volume totals.
Boil moved from 4 billion to 10 billion shares , adding 6 , its churned for weeks
before settling back to routine trading, having churned 42 billion shares across
the combined AIM/AQSE exchanges.
All depends on how much appetite for the shares, how much the traders frequent fly
and the key one, how much the typical pump and dump wonga involved in placings
(not remotely investors or II in most cases) decides to dump, if not going 100% exit
ASAP.........GLA