RAP 0.00% 20.5¢ raptor resources limited

current trading pattern, page-175

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
  1. 65 Posts.
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    I had an interesting thing happen today that maybe someone here could explain to me why.

    I tried to purchase a small parcel at 0.180c earlier today but commsec kept reducing my purchase price to 0.175c. The buy side was moderately stacked at 0.175, thus, due to my modest parcel I wasn't too worried in buying at a higher price. The reason Commsec kept rejecting it was because of an 'orderly trading' clause, a policy designed to prevent manipulation.

    I found this odd as the only way to skip the 0.175 queue was to purchase at the next pip higher, being at 0.180c. In the end I was lucky and the order was executed at 0.175 but had someone not sold I would not have been able to get in.

    Has anyone had this happen to them before?


 
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