Sources estimate $300m+ demand from Australia and Asia Institutions prior to US and European bids this evening (There are almost always inflated bids). Approx 30% of register is US. Outstanding short positions = approx 50m shares. Couple this up with ASX200 index inclusion this Thursday 14th (Australian Institutions currently under represented on the register). If the broker is smart they will not allocate to clients with short positions - watch the squeeze! Pretty powerful cocktail of events for Wednesday’s re-listing.
Powerful Cocktail
Add AVH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.67 |
Change
-0.060(2.20%) |
Mkt cap ! $160.7M | |||
| Open | High | Low | Value | Volume |
| $2.72 | $2.73 | $2.65 | $791.0K | 293.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4333 | $2.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.68 | 9529 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.66 |
Change
-0.060 ( 3.24 %) |
||||
| Open | High | Low | Volume | ||
| $2.71 | $2.73 | $2.65 | 25459 | ||
| Last updated 15.53pm 03/05/2024 ? | |||||
| AVH (ASX) Chart |