AMX 5.26% 30.0¢ aerometrex limited

Taurus need another 3million or so shares to get to 20%. There...

  1. 1,890 Posts.
    Taurus need another 3million or so shares to get to 20%.

    There have been around 3.4million shares traded since their last ann, so they could easily get there. Plus as of the 8/5/13 there are 2.1million reported as short sold they can collect from (I assume its their shorts). Only a few months ago there was 5.2million short.

    You would thinkg the macro setting for making any deals or moves just isn't right at present (as far as Taurus is concerned) . This is all about positioning for Taurus ?, ahead of something down the track ? Or are they playing someone elses hand ?

    We need to ask ourselves two questions :

    1. Whats the rush to get to 20% in this market ??? (when you know you'll be able to participate in cap-raises sometime in the future)

    2. Why are all the shorts closing out AMX positions with the POG going down and other gold stocks on the slide still ? What do they know ? Clearly they were smarter than us on the way down ! so a good sign if their closing out positions.

    Perhaps there is something afoot.
 
watchlist Created with Sketch. Add AMX (ASX) to my watchlist
(20min delay)
Last
30.0¢
Change
0.015(5.26%)
Mkt cap ! $28.97M
Open High Low Value Volume
28.5¢ 30.0¢ 28.0¢ $14.61K 51.6K

Buyers (Bids)

No. Vol. Price($)
1 2000 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 3974 2
Last trade - 15.07pm 15/11/2024 (20 minute delay) ?
AMX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.