Yes, 1.5 billion volume sounds about right. The volume over the last 10 trading days was 1,340,962,056 shares, to be precise. So the average volume over the last 10 days is 134,096,206 shares per trading day. But the post I was responding to said that the company is raising the O/S by over 100 million shares each day. Several of the last ten trading days didn't even have 100 million in total volume. But if we go by the average volume over that period, then to say that over 100 million per day of that volume is dilution is to say that the dilution rate is over 74.6% of the average daily volume. So I couldn't agree with that post because in my opinion that overstates it.
Now on the other hand, you have estimated that in the last 9 trading days 35% of the volume has been dilution. That sounds more possible to me, but I really don't know. I suppose if anyone wants to, they could get the latest O/S figures and compare that to the total volume over the same period in order to calculate the percentage daily change since the previous figures. That would determine the percentage dilution over that period. But still the dilution rate can change at any time.
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