AMP 0.88% $1.15 amp limited

Potential Buyer, page-27

  1. 712 Posts.
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    You have to wonder, SP at record lows and yet still so many shorters. Now if I was interested in taking over a company, I could short down on a stock, and get the SP down further on a bad run after some bad news. Then when the "misery loves company" investors join in the selling, I would be buying at the other end to cover my shorts and mop up the other sellers. After all if you are willing to pay $1.30 or $1.40 a share what's a few cents on the difference between the short sells and the buys you are making.

    I have a feeling we will soon see a substantial holding coming out of the woods. I would also be looking at negotiations with other large holders to purchase their holdings.

    So I am not selling. I am buying as much as I can get at $1.07 as I can afford, and wait for the wild ride. I am hoping I will get to break even over the next month or so.
 
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Last
$1.15
Change
0.010(0.88%)
Mkt cap ! $2.986B
Open High Low Value Volume
$1.15 $1.16 $1.14 $13.75M 11.99M

Buyers (Bids)

No. Vol. Price($)
6 206295 $1.15
 

Sellers (Offers)

Price($) Vol. No.
$1.16 267231 10
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Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
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