Maybe Rimas is off loading now that he is no longer a director? No need for mandatory reporting of changes. Wouldn't that be the final straw!
Anyway, there was an ice berg seller hit the scene early last week. Looks like they still have some to go.
There is good news even though the sell down is bad news. The fact they are still trading is the good news. As soon as all angles are closed and AMI runs into a dead end they would have to go into a trading halt. Otherwise they risk breaking the big law of trading whilst insolvent.
Can they do a Lazarus? I doubt Glencore will be the Jesus though.
Cheers
Ann: Conversion Notice - Glencore Facility B, page-81
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $308.7M | |||
| Open | High | Low | Value | Volume |
| 18.8¢ | 18.8¢ | 17.5¢ | $625.6K | 3.460M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 727023 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 847981 | 11 |
View Market Depth
| Last trade - 15.17pm 26/07/2024 (20 minute delay) ? |
| AMI (ASX) Chart |