Forum Archive Index - August 2000

["Warner Lamb" <cloud9@i4free.co.nz>]

I think this is good for the industry. They will get more attention from the
bigger spenders. Looking at the trades going through our market recently,
they are quite pathetic, for eg.Thur: SMR 14 trades for $8,532= Ave $609 (to
buy and sell costs about 10% at $30 a trade, why bother? I really dont get
it.) While I wouldnt want to discourage investing, you would have to
question the seriousness considering some of the averages going through.
Today                 AVE
SPEOB  4 for $2452 = $613
RCH    6 for $4367 = $727
DMB    1 for $ 528
SVY    4 for $3741 = $935
CDI    3 for $4388 = $1097
BDO    4 for $4354 = $1088
EPH    7 for $7743 = $1106
AQL   22 for 30000 = $1363

Thats enough reason for me to stay away from this lot.
Maybe this should have been a seperate post..too late, sorry
Warner


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