That is called "matching" which happens at opening and closing of the ASX every day of the week.
If you are keen and in urgently need of selling, you put you selling price below the opening buy price and you will jump the queue and sell out first.
On the other hand, if you want to buy, you put your buy bid price above the best bid price appearing therein, and you will jump the queue as well. The most important thing though, is that you will not buy the shares at the price that you have put in, but at the matching price set at opening.
Nothing drastic there mate, Just good trading tactics that many are very smart at using and gaining that advantage.
Dyor!!
CDU Price at posting:
$1.81 Sentiment: None Disclosure: Held
