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0 pointsesrauch5y ago0 comments

It seems very strange; can a share not be worth less than 1 cent, or can it for ask but not bid?

0 comments

It can be "worth" less than 1 cent. That simply means if you put in an offer at 1 cent, nobody will buy it, because they think it's worth less.

esrauchOP5y ago

I meant if the bid-ask spread must be minimum 1 cent, then is it true that bid can't be lower than 1 cent as long as ask is semipositive?

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0 pointsesrauch5y ago0 comments

It seems very strange; can a share not be worth less than 1 cent, or can it for ask but not bid?

cynix5y ago

It can be "worth" less than 1 cent. That simply means if you put in an offer at 1 cent, nobody will buy it, because they think it's worth less.

esrauchOP5y ago

I meant if the bid-ask spread must be minimum 1 cent, then is it true that bid can't be lower than 1 cent as long as ask is semipositive?

j / k navigate · click thread line to collapse