Barely over 150K shares traded so far today. Anybody's take on this? How many shares are outstanding?
Far more shares of Anglo are traded in London and Johannesburg. Anglo's "unsponsored" ADR's trade in New York only on the Pink Sheets. Volume in New York is only of tertiary interest.http://www.angloamerican.co.uk/aa/investors/shareinfo/
There are about 1.2 billion shares outstanding.
Well I hope Im wrong since i am a very long long...however i think most are expecting a correction/drop. A lot of this rally is sort of thanks to gold...although plat everywhere is doing well.