I understand that, but they obviously did not buy it to depreciate its value, the bank did not raise rates to the extent that the loan could not be serviced therefore forcing the sale because they thought it was a good idea,
If the SP for ASM falls then let it fall because of legitimate "company" reasons and not due to someone forcing the price down deliberately because their interest outweighs the interest of everyone else.
ASM Chart Thread, page-6512
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Last
94.0¢ |
Change
0.070(8.05%) |
Mkt cap ! $170.2M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 94.5¢ | 88.0¢ | $301.7K | 328.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.5¢ | 3999 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| ASM (ASX) Chart |