I sold some yesterday on the NZX at opening at NZ$1.54, and bought them back at NZ$1.44 today. Only better off by several thousand, But its a start. Thats what I have to do now to get my money back. If there is a takeover, a sale or whatever while I am holding well and good, but I am not not holding my breath.
I am a bit jaded and have lost confidence in the board and management. So I will be trading like crazy.
Now Helmich thinks I am leaving the site on Monday, but he has another think coming. I must apologise on my assertion that the SP will reach $1.85 on Monday. Plainly I took a punt with my money and was wrong. Cost me NZ$15k. So I have paid my penalty. I hope no one else has lost money following my lead.
But with the loss of faith in the Board and Management and their ability to turn the company around, I will become a more astute investor. Take the profit while I can. I will hope for the best, but expect the worst.
Now this is not too say I will be towing the Hemlich line, as shorters of his ilk are singularly minded in an opposite way, where they can also be caught out. Its purely on the numbers/buyers and sellers now, to trade my way out of this.
Im back and will have to sink more into AMP reluctantly. Even a dead dog has its day.
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Last
$1.13 |
Change
0.005(0.45%) |
Mkt cap ! $2.921B |
Open | High | Low | Value | Volume |
$1.13 | $1.13 | $1.12 | $5.227M | 4.650M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 60562 | $1.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.13 | 68371 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50 | 1.115 |
3 | 75377 | 1.110 |
4 | 84498 | 1.105 |
3 | 73610 | 1.100 |
2 | 96086 | 1.095 |
Price($) | Vol. | No. |
---|---|---|
1.125 | 920 | 1 |
1.130 | 88340 | 8 |
1.135 | 446944 | 15 |
1.140 | 505820 | 18 |
1.145 | 224424 | 9 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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AMP (ASX) Chart |