opening price far more interesting than closing as any announcements which would affect the auction price occurs either on open or after close the afternoon before.
Closing price one big yawn as utterly predicable and more often than not, simply very very close to the last trade at 4 pm. The buy/sell sides today suggested it would be a strong day and light selling and high buying continued very consistently throughout. hence the predictable, unsurprising, anticipated, closing price.
A high offer simply gets smoothed out at auction thus, alone and without any surprise announcements which are never made before a final auction, there's no chance thatthis will affect the final auction price.
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opening price far more interesting than closing as any...
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