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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AXE
archer materials limited
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5.08%
!
28.0¢

I didn't notice that, that's weird. He/she kept buying like that...
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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($) | Vol. | No. |
---|---|---|
28.0¢ | 15979 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30326 | 0.275 |
2 | 20400 | 0.270 |
1 | 100000 | 0.265 |
6 | 108844 | 0.260 |
8 | 102515 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 15979 | 1 |
0.285 | 35000 | 1 |
0.290 | 59500 | 1 |
0.295 | 5000 | 1 |
0.300 | 66658 | 8 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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AXE (ASX) Chart |