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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AMX
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21.0¢

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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($) | Vol. | No. |
---|---|---|
21.5¢ | 21574 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 0.215 |
1 | 32790 | 0.210 |
1 | 45757 | 0.205 |
2 | 227485 | 0.200 |
1 | 100000 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 5673 | 1 |
0.215 | 15901 | 1 |
0.220 | 23683 | 1 |
0.230 | 12000 | 1 |
0.240 | 3670 | 1 |
Last trade - 14.21pm 23/06/2025 (20 minute delay) ? |
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AMX (ASX) Chart |