Unfortunately that how it happens every day (if there is a 1 trade course of sales), expect the 299,999 order is the one that constantly chances in unit value as each buy/sell is added/deleted/amended. There is never just a 1 unit buy/sell placed to market.
Yes that is true, but the person or bot that placed the 299,999 order doesn't care, they did the cue jump and and was beneficial to them. Just because someone had an order and only 1 got executed doesn't mean to say you can not amend your order the following day to purchase more for no brokerage. You might not wish to pay higher, but in cases like that it something you would have to do for your own person gain.
Remember we are all playing the ASX, everyone is playing the game to benefit themselves no one else.
Yeap, more than likely the company will ask (or just do it) to buy your share out due to it costing more to maintain than it is really worth. If you only hold 1 share in the company and the trade was recently I would ask Comsec for a brokerage exclusion. I've asked twice, and got a exclusion 1 time. That one time was only due to getting 1 share in a company I held no other shares in, the other time I was denied as I held a very marketable holdings in a company. Guess they though I could just burden the cost when selling out previous holdings.
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