To give you an example of what can happen with these 1 share trades, the week before last I decided to load up on some shares which were on the market at 17 cents and I put a bid order for 10,000 shares at 16 cents. On close I manage to purchase 1 share for the 16 cents, thus giving me a total cost for that share of $15.16. ($0.16 + $15.00 for the trade).
Lucky for me that I already owned shares in that company before the event so that it averaged across the board, otherwise I would have had to chase the movement in price up so that I could have gained a marketable parcel of shares.
There is no doubt in my mind that both the ASX and ASIC should revisit this anomaly.
Now for Cottee to refer these 1 shares trades to ASIC, that is totally beyond me and only costing someone money and time.
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Last
5.3¢ |
Change
0.002(3.92%) |
Mkt cap ! $39.49M |
Open | High | Low | Value | Volume |
5.2¢ | 5.3¢ | 5.2¢ | $6.085K | 117.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 559993 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 60757 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 559993 | 0.052 |
2 | 432879 | 0.051 |
5 | 407000 | 0.050 |
2 | 255000 | 0.049 |
2 | 265000 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 60757 | 1 |
0.056 | 112500 | 2 |
0.058 | 570046 | 3 |
0.059 | 519508 | 2 |
0.060 | 90909 | 1 |
Last trade - 12.00pm 11/10/2024 (20 minute delay) ? |
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