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
Thanks miningnut, Very interesting development for AVM... I...
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.520M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22665 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 100000 | 1 |
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| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
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