AXP is very insto heavy and I suspect someone big has decided to get out any price. There just is no buying depth so the price falls away.
There does not need to be any inside knowledge to sell out. The sales trajectory AXP is on is diabolical on its own.
One thing that might be an issue is the loan covenants may have been breached at the current SP. Hard to know.
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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 |