Thanks miningnut,
Very interesting development for AVM... I immediately went and checked my margin loan provider (NAB) in the hope that they had also initiated coverage!! Unfortunately no such luck :((
Does anyone know how these companies commence coverage from a margin lendong perspective? I remember when I first started using a margin loan that there were sometimes limits for a particular stock being loaned by a provider, ie, once they had reached a certain exposure level they refused any further loans... Is AVM able to bought using CFD's or other derivative instruments and that is the reason for inclusion?
Also, 55% seems quite high for a non index stock??? There are many companies that have margin levels of only 30-40%. Perhaps St George and Suncorp have analysed the excellent last quarterly report and have anticpated strong demand from their clients!!
Anyway, great news for AVM and will hopefully bring more liquidity and opportunity for the foreseeable future!
Cheers
Merkin
- Forums
- ASX - By Stock
- AVM
- margin lending
margin lending, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVM (ASX) to my watchlist
|
|||||
Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $2.979M |
Open | High | Low | Value | Volume |
2.7¢ | 3.0¢ | 2.2¢ | $44.47K | 1.657M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 47615 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 3000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 47615 | 0.021 |
1 | 49995 | 0.020 |
2 | 552640 | 0.019 |
1 | 108 | 0.018 |
1 | 2000000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 3000 | 1 |
0.027 | 150000 | 1 |
0.028 | 123185 | 2 |
0.029 | 62584 | 3 |
0.030 | 52748 | 2 |
Last trade - 15.34pm 30/08/2024 (20 minute delay) ? |
Featured News
AVM (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online