I am not sure exactly how it works but after close at 4pm there are "surplus'shares still on the books.These shares are sent to "auction" so best bid for remainder of shares gets them.
Sometimes this last trade is SP up sometimes, as in this arvo..SP down.
I know you can actually take part in this auction if you trade CFD's.
- Forums
- ASX - By Stock
- GDN
- afternoon run or dump
afternoon run or dump, page-42
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)