AMX aerometrex limited

will someone bid for amx, page-10

  1. 1,890 Posts.
    Gungadunnni - Do the bots and short sellers mean anything to the long term value investors ?

    Hint - It depends

    It depends on who is using the bots and for what purpose.

    Are the bots there merely to facilitate a successfull short trade for some entity(s)? Preying on the easily manipulated amx stock.

    Are they actively accumulating for a substantial shareholder wishing to average down ,knowing that there is a larger sized seller present ?

    Is it accumulating on behalf of a suitor , hiding behind one of the holding co's ? Building a large enough stake to throw its weight into a low ball offer ?

    So then what happens and when? --> that all depends on which of the above is the correct scenario.

    And what about this --> If any company that viewed the data liked what they saw , and were going to place a bid back at 70c , you can't tell me that they wouldn't now be buying "on market" at this level. Why wouldn't they ? Buying here could save them tens of millions down the track, when they put together an successful bid close to the $2 mark.

    Thoughts Gunga ?







 
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(20min delay)
Last
21.0¢
Change
-0.005(2.33%)
Mkt cap ! $19.94M
Open High Low Value Volume
21.5¢ 21.5¢ 20.5¢ $6.127K 29.40K

Buyers (Bids)

No. Vol. Price($)
1 32790 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 21574 2
View Market Depth
Last trade - 14.21pm 23/06/2025 (20 minute delay) ?
AMX (ASX) Chart
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