AVM advance metals limited

Was hoping for a change in AVM market from that of recent...

  1. NT
    1,708 Posts.
    Was hoping for a change in AVM market from that of recent weeks.

    The large buy order - 235,000 - at 40 cents looks very much like --- "I cap - you sell" set up.

    The original 200,000 sell order looked out of sync.
    Has been sitting for about a week now.

    Sell orders at 41 and 41.5 cents have built up - also out of sync.

    So looks to me institution accumulating has decided to hold price at these levels and pick up sellers at 40 cents.

    Should there be any "hicups" with Stage 2 commissioning they should do very well.
    Pick up many shares at a relatively low price.

    Pick off their offer at 41 cents/41.5 cents?
    They make a profit anyhow - pays broker fees plus.

    That's how it looks to me anyhow!
    Your guess is as good!

    Cheers,

    NT

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.7¢
Change
-0.002(4.08%)
Mkt cap ! $12.45M
Open High Low Value Volume
4.8¢ 4.9¢ 4.7¢ $78.91K 1.662M

Buyers (Bids)

No. Vol. Price($)
2 185506 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 25000 1
View Market Depth
Last trade - 15.53pm 26/06/2025 (20 minute delay) ?
AVM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.