AVB 0.00% 16.5¢ avanco resources limited

resist the dark side, page-4

  1. 3,195 Posts.
    its a conditional order that triggers your e-broker to put on market an at limit order... the condition is the reaching of a certain price point... so for example you set it up so that if AVB sp drops to 10c, a parcel of your shares get put on market at 10.5c... this is so you don't get flogged on sudden movements IE can limit your losses on big swings... also appears O has it set up that certain amount of volume is also a prerequisite to trigger the placement of the at limit order IE in this case so his stops don't get triggered by mere "manipulation" but rather on a "genuine" sell down...

    am i right on that O?
 
watchlist Created with Sketch. Add AVB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.