There's no volume to speak of. It's just 'background noise'. A...

There's no volume to speak of. It's just 'background noise'. A proportion of the buying & selling will be arbitrage between the 3 when relative values appear dislocated - something that the AUT presentation remarks on. But, on reported volumes, there's not much of that happening.

New money won't come in until the companies start reporting again. The market doesn't like uncertainty and the cloak of confidentiality creates uncertainty - 2-fold. First, we don't know what is going on; second, we don't know even when or if they will start telling us what is going on. Management assurances of reporting 'significant' events is now up for interpretation.