Can sometimes be market makers, used in highly illiquid stock to reduce the risk of the spread being too large. You pay a market-making firm to guarantee a spread over a period of time. Pretty massive spread though, so probably an algorithm with a different motive.
News and media, page-147
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.644M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 132292 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 198915 | 2 |
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| Last trade - 10.06am 29/05/2024 (20 minute delay) ? |
| NC6 (ASX) Chart |
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