Australian (ASX) Stock Market Forum

AIM - AIM Resources

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SevenFX said:
Surelle,

The is more so their order get filled, at open price first, as the system matches up buyers and sellers.

Aim open price is 38 (atm) despite sellers selling for 30c, and buyers want to pay 39c

SevenFX


SevenFX,

If you want to sell at the open you have to place your sell order slightly below indicative opening price.

If you want to buy at the open you have to place your buy order slightly above indicative opening price.

This will make you near the beginning of the queue. Obviously the time you placed the order is important as well.

Thats my understanding of it anyway.
 
I swear if it wasnt for this little guy the indicative open would be 40c+

0.300 5,500 1
 
nizar said:
SevenFX,

If you want to sell at the open you have to place your sell order slightly below indicative opening price.

If you want to buy at the open you have to place your buy order slightly above indicative opening price.

This will make you near the beginning of the queue. Obviously the time you placed the order is important as well.

Thats my understanding of it anyway.

Sure but both the sellers and buyers at first level of market depth will the one of the first IF not the FIRST to be filled at open price 37.5

EDIT: any BDG intested traders here
 
nizar said:
I swear if it wasnt for this little guy the indicative open would be 40c+

0.300 5,500 1

Not true N,

Little Guy with little quanity CAN"t affect the share price to that degree...
 
thanks for that guys, it seems they all pulled out pre the bell toll and it's gone back to .37
 
OK, so here's the danger of buying at open, as AIM takes a quick (maybe not so quick) dive.
 
don't you luv the profit takers in the morning :banghead:

hopefully the day will even out, although it is friday !!!!
 
SevenFX said:
Not true N,

Little Guy with little quanity can affect the share price to that degree...

AGree T.

He DID AFFECT the price.
Thats my point, he affected it.

If he wasnt there, it wouldve been a much stronger open.
 
nizar said:
AGree T.

He DID AFFECT the price.
Thats my point, he affected it.

If he wasnt there, it wouldve been a much stronger open.

big guy does not care about litte guy who wants out at any cost
 
SevenFX said:
Not true N,

Little Guy with little quanity CAN"t affect the share price to that degree...

N.

That was a typo, and mean't to say CAN'T affect the open price from 37.5 to 40c... not with that littlle quanity, and he could even drop a million on there, but asx rules wont allow 1 seller to solely change open price drasitcally.
 
SevenFX said:
N.

That was a typo, and mean't to say CAN'T affect the open price from 37.5 to 40c... not with that littlle quanity, and he could even drop a million on there, but asx rules wont allow 1 seller to solely change open price drasitcally.

Thank you Tek for filling the gaps in my knowledge.
 
So this ain't profit takers anymore (is it???) and seems more like slight pullback for MORNING
 
nizar said:
Now watch the massive rebound ! :D

Maybe not N.

As XJO, XSO are taking a early morning pounding from their highs....not to mention few others...

Didn't get into AIM or INL for that matter at open, but tempted to..as they have potential in the short/mid term.

Think I may loose less money mowing the my Lawns... :eek:
 
SevenFX said:
Didn't get into AIM or INL for that matter at open, but tempted to..as they have potential in the short/mid term.

The sp action on INL is alot different to AIM !
You cant generalise
AIM: low volume and showing weakness
INL: high volume and showing strength

In my opinion, INL has potential RIGHT NOW.
 
nizar said:
The sp action on INL is alot different to AIM !
You cant generalise
AIM: low volume and showing weakness
INL: high volume and showing strength

In my opinion, INL has potential RIGHT NOW.

Absolutely Agree, sentiment is definetly different, and much rather put money on a stock trending up than down.

BUT, that sentiment on INL has been suppresses somewhat, as market/sector sentiment has definently slowed her down, if not put the brakes on.

This is all just my opinion, in real time and can change soon after....

EDIT: Not to mention the FRIDAY factor....IF your beleive in that....

Anyway good luck, as I have to get some lawnmower fuel for the rideon which should be more fun.... :D
 
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