Allco principals are arguing that they were not given the 5 day grace period before the forced sell of 20m shares to cover their margin call.
If they successfully challenge this, there is going to be a huge buy order in the market in the coming weeks.
disputed margin call
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Last
$1.40 |
Change
-0.025(1.75%) |
Mkt cap ! $381.7M | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.42 | $1.40 | $41.07K | 29.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 18212 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 3783 | 6 |
View Market Depth
| Last trade - 12.51pm 30/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |