Pre CSPA
Between 4:00 pm and 4:10 pm, Sydney time, the market is placed in Pre-CSPA. Trading stops and brokers enter, change and cancel orders in preparation for the market closing.
Closing Single Price Auction
The Closing Single Price Auction takes place between 4:10* pm and 4:12 pm, Sydney time.
ASX Trade calculates closing prices during this phase.
*Random + 60 secs
https://www.commsec.com.au/support/frequently-asked-questions/144.html
Fair enough @jamesph61 . With CR price @16c, the current price would appear quite genuine. Whilst @LO has indicated his opinion about San Jorge, he is right in saying the only opinions that are important are that of the shareholders (Whilst holding None), and investment advice is that we sit on our cash? Ryan Mount has Plan E and more, that's why he is worth every cent! (or $25K) He is a thorn in SMM's Side!
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