That's right. If you place an order and then amend it by increasing the units, but someone has placed an order already behind you, your order gets split and the extra units get placed at the end of the queue. It's the same order and you pay only one brokerage fee but it splits in two and it will get filled in a "first come first served" basis.
If lots of people are putting in orders at once and you keep changing your amount of units then your order could be split multiple times.
Having said that, I have the feeling that brokers might be able to place an order without the $500 minimum of CommSec hence the appearance of 1 unit orders.
Please correct me if I'm wrong.
XPE Charts, page-6177
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Mkt cap ! $1.619M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 42973 | 1 |
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No. | Vol. | Price($) |
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1 | 25000 | 0.061 |
2 | 16658 | 0.060 |
1 | 82000 | 0.054 |
1 | 55000 | 0.053 |
1 | 100000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 42973 | 1 |
0.105 | 1524 | 1 |
0.175 | 22450 | 1 |
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