not actually true, it is in the centre point or mid point which...

not actually true, it is in the centre point or mid point which is in between the spread of the bid and offer. If someone is in the midpoint on the offer and a buyer bids ‘at market’ depending on the brokers routing it may test the centre point first and hit that stock if someone is there otherwise it will hit the bid straight away. They won’t just meet in the middle it is physically impossible for a buyer and seller to put on an order at exactly the same time. If you want more info just search up centrepoint orders on ASIC, most of the time it is used for a buyer or seller with big volumes not to disclose how much stock they have as you can’t see the midpoints. Hopefully this makes sense