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BONTAN CORP INC BNTNF



GREY:BNTNF - Post by User

Comment by stockarchangelon Aug 26, 2010 9:53am
206 Views
Post# 17385340

RE: Bid/Ask...

RE: Bid/Ask...There's a lot more to the quote than meets the eye. First, you're seeing only round lots (5000 shares or more in our case - if, i.e., we were over .50, then that number would be 2500, etc., depending on the price levels of the equity). There can be numerous bids and asks in between in odd lots, such as 100, 1000, 200 shares, etc., which don't show in the quote or level II. Second, many orders shown may expire at the end of the day and are therefore removed until that trader re-enters his/her order. That's why at close of trading, the b/a might be .21/.22 and the next morning its .16/.32.  Third, the quotes on Yahoo!, etc. are notoriously wrong. Follow direwolf's suggestion and either use otcmarkets.com (the old "pinksheets.com" sight), or your brokerage quote service.
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