Those bids are often fake, placed to support the price by encouraging other bids above it - which appears to be working.
Unless the price gets well into the 14.5 orders, we will never know whether it's a real bid or not.
Ann: ICI Raises A$10.5m in Oversubscribed Placement, page-101
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.24M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34972 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 18750 | 1 |
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| ICI (ASX) Chart |
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