Everyday punters place their bids say .051 trying to get a result at say .05.
On the other side are the sellers who may also want .05 but place their sell at .049 to achieve a sale at , hopefully .05
So if after the last sale of .05 one person places a bid of 50,000 at .051 & another person places a sale of 50,000 at .049 & none else bids or wishes to sell the final transaction price would be .05
Of course this is not always the case & you could in thoery be caught out if you bid to high or indeed to low & the price was matched.
Anyway I hope I haven't confused any newbies & my explanation works for you.
GL & welcome to the beautiful world of trading!
VIL Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
