Not daily that's different , last 5 or 2 days ,then 85%
So say last 5 days before the latest 3b they managed to close it at 0.6-0.5-0.6-0.5-0.6
Vwap is 0.0056 : 5 = 0.056 x 85% which is the discount = 0.00476
See previous c/n's when it in fashion few months ago and you ll get the idea...
Now if the price was 0.007-8 they would still get discount but less shares for them , less money and harder to sell...that's why u seen it dropped from 0.008 to 0.005 in 4-5 days..
KBL Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held
