Tiger...
Thanks for your point of view. I checked on the stocks you used as a comparison and found the following:
EBAY: shares outstanding = 120,792,000 ave daily vol = 2,871,000
ONSL: shares outstanding = 19,189,000 ave daily vol = 1,502,200
UBID: shares outstanding = 8,910,000 ave daily vol = 369,900
EGGS: shares outstanding = 24,701,000 ave daily vol = 2,041,000
In the past month BII has traded within range of the above 30 day average volumes - lower now than a month ago, but... one could expect the volume to increase when the stock gets to the Nas and that should generate an increase in Canada and Germany. I agree that the office opening in Ireland in 90 days will also be needed to spur the German market.
Are these numbers of any value in looking at the float for BII ?? |
