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Here’s how I think it works:bid/offer spread at 3:59 is...

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    Here’s how I think it works:
    bid/offer spread at 3:59 is 16.5/17c
    sales have been 17c all day
    at auction someone wants in and so puts 100,000 shares to buy at 17c (matched by plenty more sellers at 17c)
    at 4:09 someone places a sell for 100001 at 16.5c, which then all go through at 4:10 for 16.5c
    So it closes down at 16.5c despite trading at 17c all day thanks to that 1 share.
    Potentially one buyer is left with a very expensive single share at 16.5c + commission!
 
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Buyers (Bids)

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4 394691 12.5¢
 

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Price($) Vol. No.
13.0¢ 25000 1
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Last trade - 16.10pm 21/01/2022 (20 minute delay) ?
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