Similar to the first 10 minutes at the start of the day. An 'auction' occurs for those who want to get set at the open of the day - OR - the close of the day.
Buy and sell bids can be entered to either ensure a stock is either sold or bought - at the open OR at the close.
It has nothing to do with announcements (although sometimes these do clash).
Hope this assists.
Regards
QPN Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
