@SocialEddy
Here's a little thought. The brokers usually use CBOE (ex Chi-X) (cheaper trades, cross trades etc) and with CBOE they don't run a closing auction. I don't have access to broker level data so can't see what's what.
BUT ... if the sell order disappears at 4 and isn't present for the closing auction it's likely to be a "capper" - the very same entity collecting shares off screen currently between the buy and sell depths?
RAC - Charts & Price Action, page-18034
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Last
$1.70 |
Change
0.090(5.59%) |
Mkt cap ! $289.5M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.76 | $1.59 | $142.7K | 84.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17175 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 6060 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |