Qaz,
If I could interject here. Obviously there's been a big tussle in beliefs between company dilution and naked short selling. We'll obviously find out eventually one way or the other. Regardless, since electronic numbers are essentially being passed around, instead of trading verifieable certs, unfortunately your statement does make sense at this point, in my view:
"that takes the float down to less than 10 million doesnt justify the daily volumes"
Of course, how accurate is our group's (ihub/yahoo) perceived holdings is an entirely different matter, lol.