Voltalia Ord Shs VLTAF

new tool for analysis

[ALLEN4]

Unless someone has seen this before I think I have a new tool which I should register with the patent department.  You take the number of shares traded for the day and divide that number by the number of shares outstanding;  today's number would be:  .0018.  Round that up to .002 to be generous.  But it means that only slightly more than one tenth of one percent of all available shares were traded today.  Translate that into a more managable number, say, 1,000, and that would mean that 2 of 1,000 available shares were traded.   Consider also the fact that there is a small number of stupid people in any crowd and that it is those individuals who are selling, and it puts things in perspective.   I think this a tool which would be helpful for comparison purposes.  I do not have the patience for it tonight, but at some point I would like to know if Volta has a higher or lower than average (for our sector) shares trading per shares outstanding.   My intuition is that we are lower than average, but I am just guessing.