I looked for a good article explaining it (for my own benefit too) but couldn't find it.
Essentially, some funds play a (high) flat fee for accessing the ASX for essentially unlimited trades, where, we, plebs access the ASX through a brokerage firm, which usually charges a minimum fee for every single transaction. i.e. if we bought 4 shares worth ~$1, we would still have to pay are brokerage fee (e.g. $5-$20), making such small trades uneconomical.
I looked for a good article explaining it (for my own benefit...
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $558.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 452905 | 4 |
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| Last trade - 16.20pm 02/09/2024 (20 minute delay) ? |
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