The pre and post market auction process is explained by the ASX here
https://www.asx.com.au/markets/trade-our-cash-market/asx-equities-trading/auctions
If you don't understand the ASX's explanation, every broker also explains it. Online brokers also offer the indicative match price, based on the volume and prices. You can search for them.
The pre and post market auction process is explained by the ASX...
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 (20min delay)
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Last
$16.57 |
Change
2.170(15.1%) |
Mkt cap ! $2.117B | |||
| Open | High | Low | Value | Volume |
| $14.85 | $16.67 | $14.60 | $24.77M | 1.544M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $16.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.57 | 1717 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NEU (ASX) Chart |