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Ann: Capital Raising Presentation, page-54

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grubarura

11,418 Posts.

575

13/07/23

20:58

Post #: 68778129
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Originally posted by Monster768: ↑

It's called a dark pool for a reason. That is because you can't see the order book in the dark pool. So the only way to find out whether anyone is sitting there with a bid or an offer in the dark pool is to test it out by putting a real-money bid or an offer into the dark pool to get that information.
So when you see a 20-share trade at 0.0055 that is someone paying 11c to find out whether there is a bid or an offer in the dark pool.

You hit F5 in your Commsec to find out what the bids and offers are on ASX TradeMatch for free as that is public information.
But you can't see the order book on ASX CentrePoint. You need to put a small order into that dark pool to see if anyone is sitting there with an order opposite to your order.

It's a logical strategy. You pay a few cents to obtain valuable information.

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What does a dark pool do?

Key Takeaways. Dark pools are private exchanges for trading securities that are not accessible to the investing public. Dark pools were created to facilitate block trading by institutional investors who did not wish to impact the markets with their large orders and obtain adverse prices for their trades.

If this is the case, somebody BIG is behind it

OAU Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
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1 Great analysis

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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $35.70M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$7.371K	1.474M

Buyers (Bids)

No.	Vol.	Price($)
65	76840698	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	24529	1

View Market Depth

No.	Vol.	Price($)
65	76840698	0.004
18	16943341	0.003
15	15562563	0.002
10	48292038	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	24529	1
0.006	40020746	19
0.007	12984271	16
0.008	18356005	12
0.009	16516872	5

Last trade - 16.10pm 24/06/2024 (20 minute delay)

OAU (ASX) Chart