CDU
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0.00% 23.5¢ cudeco limited

Question from an obvious amatuer asx watcher.Looking at the...

  1. rokstopper
    87 Posts.
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    31/08/10
    08:28
    Post #: 7081510
    Question from an obvious amatuer asx watcher.

    Looking at the current buy side on commsec, I see a total of 8 bids of 2.10 or above.

    Looking at the sell side there is 1 offer of 2.05 and 1 offer of 2.09 for 10 000 each.

    My query is why would anyone offer to sell a share 10 cents below a buy price and effectively forfeit around $900 for a trade?

    Being a naive newby please forgive me if this question seems stupid.
    CDU Price at posting: $2.14 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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