AXE archer materials limited

I didn't notice that, that's weird. He/she kept buying like that...

  1. 1,954 Posts.
    lightbulb Created with Sketch. 139
    I didn't notice that, that's weird. He/she kept buying like that right up until 1PM. I counted they did it 46 times. Each trade cost $57 + brokerage. All up they bought 10,488 shares, costing $2622. Assuming a brokerage fee of $5 X 46 = $230, instead of $10 (via Commsec) if they bought the shares in one go. What did they think? If the market got wind of their huge $2622 buying spree the share price would have bolted and increased the cost of their next purchase by, oh I dont know, maybe another $1.50.

    No, seriously, can anybody in the know explain what was going on?
 
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(20min delay)
Last
28.0¢
Change
-0.015(5.08%)
Mkt cap ! $71.35M
Open High Low Value Volume
29.0¢ 29.0¢ 27.5¢ $55.36K 197.6K

Buyers (Bids)

No. Vol. Price($)
2 30326 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 15979 1
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
AXE (ASX) Chart
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