That was a mega volume and hindsight lets you get a better look at what those large volumes mean. It looks like it was getting ready for the dump into the buyout of the small holders AMP is doing
Despite todays rise it could be a trap into the next dump as we still have a few months to go but how many have taken the offer so far and is it the end .
Based on how options are priced they are not keen sellers of LEAP calls and and on up days not keen on buying them back so indicates the trend is still down. But its not fool proof .
That was a mega volume and hindsight lets you get a better look...
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Last
$1.06 |
Change
0.010(0.95%) |
Mkt cap ! $2.826B | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.07 | $1.04 | $10.34M | 9.764M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 249192 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 372831 | 21 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| AMP (ASX) Chart |