Currently avmxy is trading at $5.15 or 25.75c (20 AVH shares to one avmxy). The market makers can buy on the Asx for 23.5c. so effectively they can make 2.25c per share or 9% profit by buying on one market and selling on another. this is a large difference and it won't last. effectively one will rise or one will fall. the market makers can decide what they will sell for but when buying only have a limitedsupply a each price level they buy at. for this reason I will be surprised if we don't see AVH edge closer to 25c on Monday and with media coverage just starting in the usa its hard to see the demand for avmxy dropping anytime soon.
Currently avmxy is trading at $5.15 or 25.75c (20 AVH shares to...
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Last
$3.02 |
Change
0.050(1.68%) |
Mkt cap ! $205.6M | |||
| Open | High | Low | Value | Volume |
| $2.97 | $3.04 | $2.97 | $665.9K | 221.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 5341 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| AVH (ASX) Chart |