closing auction nonsense, page-4

  1. 9,492 Posts.
    lightbulb Created with Sketch. 34
    If you really want to, you can play and beat them at their own game. As soon as the auction begins, just place a nice big chunk of your holdings for sale at what the bid price was before close, then watch the buyers buy just enough to ensure they pay the lower price, then pull your order with seconds to spare, around 4:09:55 AEST (Comsec for example displays the seconds when you refresh a watchlist). Make sure you don't have a fat finger and that your internet is working before you attempt this! I've done it myself, nothing better than watching some smart alec buyer pay half a cent more than they thought they would at the very last second.

    BTW, great support at old resistance of 27c and very solid buying towards the close. Even with sellers at 27c at one stage, she simply refused to go red.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
24.0¢
Change
0.000(0.00%)
Mkt cap ! $350.4M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 59 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 12620 8
View Market Depth
Last trade - 09.58am 14/07/2025 (20 minute delay) ?
IMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.