FBR

0.00%

5.1¢ fbr ltd

Not sure if I got this right. Do correct me if I'm wrong....

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ash007

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29/11/16

12:57

Post #: 20961737
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Not sure if I got this right. Do correct me if I'm wrong.
https://www.commsec.com.au/support/frequently-asked-questions/674.html

What does CX or CXXT mean in course of sales?

CX is a trade that has occurred in ASX CentrePoint at the current midpoint price. The midpoint price is determined by ASX to be the midpoint between the current ASX bid/offer spread. CXXT is a cross trade or crossing that has occurred in ASX CentrePoint at the current midpoint price.

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So this means the price are at the mid points between 0.105, bid, 0.11, ask. I suspect its because of this.

http://money.stackexchange.com/questions/22344/can-a-trade-happen-in-between-the-bid-and-ask-price

Saying the trade can happen "in between" the bid & ask is simplistic. There is a time dimension to the market. It's more accurate to say that an order can be placed "in between" the current best bid & ask (observed at time T=0), thus establishing a new level for one or the other of those quoted prices (observed at time T>0).
If you enter a market order to buy (or sell), then yes, you'll generally be accepting the current best ask (or best bid) with your order, because that's what a market order says to do: Accept the current best market price being offered for your kind of transaction. Of course, prices may move much faster than your observation of the price and the time it takes to process your order – you're far from being the only participant.
Market orders aside, you are free to name your own price above or below the current best bid & ask, respectively.

If you were to enter an order to sell at a price that is lower than the current best ask, or,

If you were to enter an order to buy at a price that is higher than the current best bid,

... then one could say that you are placing an order "in between" the bid and ask at the time your order is placed. However – and this is key – you are also moving one or the other of those quoted prices in the process of placing your above-bid buy order or your below-ask sell order.
Then, only if somebody else in the market chooses to accept your new ask (or bid) does your intended transaction take place. And that transaction takes place at the new ask (or bid) price, not the old one that was current when you entered your order.

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Note, the timings, meaning someone bid 0.11 and someone else sell for 0.105, and the order came in at the same time, resulting in the midpoint price of 0.107.
FBR Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 5.1¢		Change 0.000(0.00%)		Mkt cap ! $232.0M

Open	High	Low	Value	Volume
5.2¢	5.3¢	5.0¢	$404.3K	7.842M

Buyers (Bids)

No.	Vol.	Price($)
3	129904	5.0¢

Sellers (Offers)

Price($)	Vol.	No.
5.1¢	411629	5

View Market Depth

No.	Vol.	Price($)
3	129904	0.050
3	1225659	0.049
4	495832	0.048
5	507126	0.047
4	267325	0.046

Price($)	Vol.	No.
0.051	225326	3
0.052	2384988	6
0.053	758165	6
0.054	1873992	10
0.055	891686	6

Last trade - 13.08pm 31/07/2024 (20 minute delay)

FBR (ASX) Chart

Not sure if I got this right. Do correct me if I'm wrong....

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Not sure if I got this right. Do correct me if I'm wrong....

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