the ccc closing auction - always entertaining, page-3

I hear what you're saying Toll, but why place it at 0.075? why not 0.076, you're pretty much guaranteed to get the sell filled.

The flip side is, and correct me if I'm wrong, the closing price is dictated by a calculation of the average sell offers and average buy offers, so by placing a lower sell you can offset some of the buys. Or have I got it entirely wrong?

Anyway, I'm now doing what I said people shouldn't, ie speculating in a vacuum and adding nothing of value to interpreting CCC as a buy/sell, so I'll stop posting.