Every participant in the market has the same opportunity to place an order towards the end of the ~10minute closing auction. It’s the same process every trading day.
The 2675 shares which crossed the spread and moved the closing price from 1.16 to 1.125 was placed at 16:09:17. That’s a full minute and 16 seconds before it uncrossed. Ie. a literal eternity in algo trading.
No one, algo nor human, came in to pick up the ‘bargain’ on offer. That should tell you more than the price it closed at.
Ann: Starpharma receives US$3M milestone from AstraZeneca, page-14
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 (20min delay)
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Last
9.7¢ |
Change
-0.001(1.02%) |
Mkt cap ! $40.48M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 10.0¢ | 9.6¢ | $5.703K | 58.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.8¢ | 20000 | 1 |
View Market Depth
| Last trade - 15.41pm 11/10/2024 (20 minute delay) ? |
| SPL (ASX) Chart |