CTP 10.0% 5.5¢ central petroleum limited

Optionco et al, page-76

  1. 24,386 Posts.
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    To give you an example of what can happen with these 1 share trades, the week before last I decided to load up on some shares which were on the market at 17 cents and I put a bid order for 10,000 shares at 16 cents. On close I manage to purchase 1 share for the 16 cents, thus giving me a total cost for that share of $15.16. ($0.16 + $15.00 for the trade).

    Lucky for me that I already owned shares in that company before the event so that it averaged across the board, otherwise I would have had to chase the movement in price up so that I could have gained a marketable parcel of shares.

    There is no doubt in my mind that both the ASX and ASIC should revisit this anomaly.

    Now for Cottee to refer these 1 shares trades to ASIC, that is totally beyond me and only costing someone money and time.
 
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Last
5.5¢
Change
0.005(10.0%)
Mkt cap ! $40.70M
Open High Low Value Volume
5.0¢ 5.5¢ 5.0¢ $90.54K 1.810M

Buyers (Bids)

No. Vol. Price($)
1 347403 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 449999 1
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Last trade - 16.10pm 02/08/2024 (20 minute delay) ?
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