Market Price Minimum Bid 1 Up to 10c 0.1c 2 10c up to $2.00 0.5c 3 $2.00 up to $99,999,990.00 1c
It might be easier to think of "minimum bid" as "Bid multiple" since thats what it actually is
Copied and pasted from:
http://www.asx.com.au/services/trading-services/price.htm
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Market Price| Minimum Bid Up to 10c| 0.1c 10c up to $2.00| 0.5c...
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