WMC wiluna mining corporation limited.

Can't be an end trade as the price the trade was executed was...

  1. 3,091 Posts.
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    Can't be an end trade as the price the trade was executed was not what the stock was trading at pre closing auction. This is a classic example of price manipulation on very thin volume and hence why auctions should not be allowed for the small end of the ASX.

    Whay are other people's thoughts as this is an area that always erks me about the ASX and stocks that have little volume traded. If you can't execute a trade through normal trading hours why do you need a closing auction if the volume through the day is so thin??? Just a tool for instos to use and abuse.
 
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