Firstly, I dont believe that too many will have "margin loans" for AMX and secondly the Shorting is almost negligible...see the ASX "short sales" list.
CFD players deserve to lose money if they fight a market and THEIR trades are NOT ASX trades.... The CFD provider is the "winner".
The 6 million options are a feature that could affect immediate price, but, as already stated, there have been over 30 Million more shares that have been Sold/bought since May.
How low will AMX go?...Who knows, but certainly there is an opportunity here that will certainly attract more Buyers once the Orchestrated Selling ceases.
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 (20min delay)
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $20.42M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $18.66K | 85.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4599 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 23683 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| AMX (ASX) Chart |