SPL 2.11% 9.3¢ starpharma holdings limited

Ann: Starpharma receives US$3M milestone from AstraZeneca, page-14

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    Every participant in the market has the same opportunity to place an order towards the end of the ~10minute closing auction. It’s the same process every trading day.

    The 2675 shares which crossed the spread and moved the closing price from 1.16 to 1.125 was placed at 16:09:17. That’s a full minute and 16 seconds before it uncrossed. Ie. a literal eternity in algo trading.
    No one, algo nor human, came in to pick up the ‘bargain’ on offer. That should tell you more than the price it closed at.

 
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3 153365 9.3¢
 

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9.8¢ 65000 1
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