What would you regard as low volume? Over the last 10 business...

What would you regard as low volume? Over the last 10 business days, over 10 million share have changed hands. Thats almost 10% of the total shares in the company that have traded above $18 and approximately 1% of the company traded daily. I thought that is fairly high volume. If you look at more well established companies, the daily volumes are generally less than 0.5%. Maybe the volumes are not very high but I would not have though that they are low. Your thoughts?