It's unlikely, imo, that AXP will be sold off through a receivership process. Remember, once a company goes into administration the people in the driver's seat are creditors. Any potential acquirer would rather maintain control of the process through a t/o.
It's getting pretty compelling now. I dipped my toe in earlier today, just 200k shares, and got my order filled too quickly to think that there isn't still a significant amount of selling left in the system.
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 (20min delay)
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Last
0.1¢ |
Change
-0.001(33.3%) |
Mkt cap ! $6.684M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $660 | 660K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 18675552 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 44267397 | 34 |
View Market Depth
| Last trade - 12.46pm 25/06/2025 (20 minute delay) ? |
| AXP (ASX) Chart |