It's overrated. Eliminates support and typically the advantage (if you could call it one) goes to the sellers.
Nobody who is selling now is only selling because they happen to have the order on the books and otherwise wouldn't. Most is happening straight into the bid as it is.
Ann: Trading Halt, page-114
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $17.68M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $3.71K | 1.642M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 98 | 102142291 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 18077510 | 35 |
View Market Depth
| Last trade - 11.39am 03/07/2024 (20 minute delay) ? |
| VML (ASX) Chart |