RED 0.00% 34.5¢ red 5 limited

yay@20c, page-12

  1. 541 Posts.
    Lol! Since the 21c Ask came into play there has not ben an order since 11:07!

    People are not prepared to pay the extra .05c. This can men a few things.

    A) No one is prepared to pay more than 205c for stock
    B) the .05c would result in a higher expense for traders wanting to buy in very large amounts.

    My opinion is with the latter. that .05c can result in an exponentialy higher cost - and in this market traders are not willing to compromise.
 
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