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Post# of 121658
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Jake168

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Jake168

Re: Brandonswest post# 42794

Tuesday, 03/26/2013 5:53:12 PM

Tuesday, March 26, 2013 5:53:12 PM

Post# of 121658
They may buyback at the ADTV which is calculated as so:

Q: How is ADTV calculated?

A: As defined in Rule 100 of Regulation M, ADTV is worldwide average daily trading volume as measured during the two full calendar months immediately preceding, or any 60 consecutive calendar days ending within the 10 calendar days preceding, the filing of the registration statement

http://www.sec.gov/interps/legal/mrslb9.htm

I agree that low volume days don't help this average. :(
The 30 ADTV is 13M meaning they can trade around 3M a day if the 60 is around that number.
http://ih.advfn.com/p.php?pid=squote&symbol=MDIN --Avg volume 13M
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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