Yes it's legal. It happens every day.
You and I are free to join in that opening and closing auction if we commit the bids.
For a HC member with near 500 posts and over a year of membership, I'm very surprised you've never seen this before.
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- Ann: 2017 Full Year Statutory Accounts and Appendix 4E
Ann: 2017 Full Year Statutory Accounts and Appendix 4E, page-134
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