I don't know if this is what you are after:
http://www.asx.com.au/resources/education/basics/open_Close.htm
Effectively, the opening bid price of 10 cents has no effect on the opening price if the volume attached to it is small. It just ensure the transaction will go through at opening at the opening price.
Regards
SP
please explain..., page-16
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.92M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $1.028K | 93.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1074693 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 882872 | 3 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| ADY (ASX) Chart |