Yes sorry i probably wasnt clear i did mean the off market trade of 102000 shares that passed through at 39. Not the match on opening. Cheers.
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Yes sorry i probably wasnt clear i did mean the off market trade of 102000 shares that passed through at 39. Not the match on opening. Cheers.
The opening and end of trading day bids are all averaged.If you quote high to buy then you will know already what the average price is from the screen or your broker.If u want a few hundred shares you aren't going to affect the price by quoting high but are usually guaranteed to get your shares.As mentioned before by me the closing bids are averaged over I think 15 minutes to stop end of day jacking the share price.Hope this helps but the question has been answered many times before.....
Seems like the day will depend on who blinks first. Im sure there is pent up demand, as proven last few days, including larger buyers. Same time they probably know that there's fear in the air now for this stock and they will be holding a while to see if they can get in cheaper, naturally. I think if it holds for the best part of the day then the buyer demand will start to regain momentum before close.
I love this stuff article where they refer to the fact that its not all over for Xero. What does that mean? That the share price has caused Xero to go out of business. Meanwhile in the background Xero goes about executing its plan....
http://www.stuff.co.nz/business/indu...reat-from-high
Up goe's ASX XRO 1.16
Methinks today has been a great buying opportunity - good on those of you who are taking advantage of it. (Pity I don't have spare piles of cash around!)
This one has lots of gas after lunch..
Boom 35.80 and climbing. Gotta love the market gyrations.
I pity those whom paniced yesterday, they won't feel any better this arvo Im picking.