If you're talking about the opening auction, it's to secure a sell. If the seller puts in an order to sell at 0.16c and the market opens at 0.18c, they sell at 0.18c but their sell order gets filled before the sell order of 0.17c & 0.18c.
Brainchip Short Discussion, page-150
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $579.8K | 2.902M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 1243524 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 349262 | 10 |
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| BRN (ASX) Chart |