LNC 0.00% 99.5¢ linc energy ltd

what is with small trades?, page-4

  1. 4,783 Posts.
    lightbulb Created with Sketch. 149
    its computer buying and selling-

    let say you want to sell at $1.45 but the bid is $1.39.

    so you offer to sell 1 share at 1.44. you are pulling the bids up. better to get them to cross the floor for 5 cents than 6 cents. then the machine says last trade $1.44. new buyers coming along see $144 and $1.45 doesnt seem such a gap to cross

    a very crude example and more reasons such as hiding larger orders in small trades and narrowing the spread closer to your curreny prices

    they dont pay the $20 a trade we do.
 
watchlist Created with Sketch. Add LNC (ASX) to my watchlist

Currently unlisted public company.

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