PRM 0.00% 0.6¢ prominence energy limited

Potential 150 Bagger, page-226

  1. 1,687 Posts.
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    I've noted tho that the close SP of 0.007 only applied to all 10 trades at auction time (post 4.00pm). i.e. the last trades immediately prior to 4.00pm were at 0.008.
    I've posted a few times before - on the Day Trading's Afternoon or After-Market Lounge Threads - that all of the trades after 4pm
    - of shares not Oppies
    are often at 1 pip above or below the last trade before 4pm,
    and thus, IMO, should not always be taken as an indication that the opening trade the following day will be at that auction trade price.

    From my many observations of these occurrences - with the micro & small-cap miners & oilers which I trade occasionally - 9 times out of 10
    those opening trade prices
    are at the same price as the trades immediately prior to 4pm the day before.
 
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