Commsec wont let you place an order if it is too far away from the last traded price. However, you might be able to place an order via phone to set it at the price you want.
I'm specifically referring to Commsec because that's who I use and I'm not sure about the phone order.
Unfortunately Kiwi, my holding is minuscule and not worth mentioning. Paid $3 for my BRM shares that's why.
BRM Price at posting:
$2.05 Sentiment: Buy Disclosure: Held