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Re: Re: [sharechat] GPG -UK perspective

From:	"DR" <kat47@bigfoot.com>
Date:	Fri, 29 Mar 2002 20:25:50 +1200

Sorry to disappoint but GPG will not see any UK interest.

Average volume is 5k to 10k per day and the spread by the Market Makers is 8%.

NMS (normal market size) is only 3000 shares (�1500 worth) which is the level accepted for automatic trades and internet trades are nearly always referred to a broker to make.

A company like Thus with a similar MCAP will trade �40,000 automatically on a spread of 3%.

Really GPG is purely Australasian in ownership although it makes a lot of its trading on UK invvestments.

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