Shorting isn't manipulation though.
Those gross daily figures also include traders shorting, closing and shorting again etc intraday.
More telling are statements like this from funds supporting the stock.
"Allan Gray's Mr Mawhinney said the transaction was conducted at a discount of between 40 per cent and 60 per cent of the asset's underlying value. He said shareholders have been left to draw their own conclusions about the hasty sale.
"We still don't know why they did it, the call was not anywhere near acceptable and the presentation was horrific," he said."
Long term trend will only continue one way.
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AMP
amp limited
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4.79%
!
$1.75

Last chance for cheapies?, page-20
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Last
$1.75 |
Change
0.080(4.79%) |
Mkt cap ! $4.430B |
Open | High | Low | Value | Volume |
$1.60 | $1.78 | $1.60 | $40.35M | 23.63M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14000 | $1.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.76 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9000 | 1.730 |
1 | 8000 | 1.720 |
3 | 12884 | 1.715 |
1 | 55 | 1.700 |
1 | 1258 | 1.690 |
Price($) | Vol. | No. |
---|---|---|
1.760 | 10000 | 1 |
1.765 | 22220 | 3 |
1.770 | 140548 | 2 |
1.775 | 36136 | 4 |
1.780 | 73752 | 15 |
Last trade - 16.17pm 07/08/2025 (20 minute delay) ? |
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AMP (ASX) Chart |