POH 0.00% 0.0¢ progress 2023-2 trust

Just looked up ASX pricing rules.  For shares priced under 10c,...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 729 Posts.
    lightbulb Created with Sketch. 81
    Just looked up ASX pricing rules.  For shares priced under 10c, the minimum bid is 0.1c and steps are also 0.1c.  There are currently 11M shares up for sale at 0.1c and only 17M total buyers.  My guess is some of those buyers will cancel before open, POH will open at 0.1c and not every sell order will get executed - if it doesn't go into a trading halt or suspension (also pretty likely given this news). 
 
watchlist Created with Sketch. Add POH (ASX) to my watchlist
(20min delay)
Last
0.0¢
Change
0.000(0.00%)
Mkt cap ! n/a
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
POH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.