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Re: RE: [sharechat] Depth


From: nickkearney@xtra.co.nz
Date: Mon, 14 May 2001 1:52:21 +0000



> tony

No, NZSE doesn't have it.  Much debate surrounding that.

I am talking about the ASX.  They offer it.

Cheers

NK


> From: "Tony" <tony@ltdrisk.com>
> Date: Mon, 14 May 2001 11:20:26 +1200
> To: <sharechat@sharechat.co.nz>
> Subject: RE: [sharechat] Depth
> 
> Hi Nick
> I've recently discovered Netbroker and am wading thru all its features.
> I'm one of those investors who speculated with a number of spec shares like
> ITC, Newcall, Chrome Global etc and have resigned myself to writing 90% off
> my investments in them.
> 
> Looking forward, I want to trade more wisely and am following the sharechat
> views as an aid to my decision making.
> 
> I'd like to see the depth of the market but when I went to the STockwatch
> site it siad the NZSE does not allow the public to see depth, yet you
> referred to # in this one of your emails. Are you privileged or am I looking
> at the wrong site?
> 
> regards
> tony
> -----Original Message-----
> From: owner-sharechat@sharechat.co.nz
> [mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Wedde, John
> Sent: Monday, 14 May 2001 09:48
> To: 'sharechat@sharechat.co.nz'
> Subject: RE: [sharechat] Depth
> 
> 
> Hi Nick,
> I get my depth info from the "Stockwatch" page. There are two columns,
> "Bids" and "Offers"
> 
> "Bids" are what buyers are willing to pay.
> "Offers " are what sellers are willing to sell for.
> 
> In the "Bids" column:
> Price = the price buyers are willing to pay.
> #     = the number of buyers at that price.
> Volume        = the total number of shares bid for at that price.
> 
> In the "Offers" column":
> Price = the price sellers are willing to sell for
> #     = the total number of sellers at that price
> Volume        = the total number of shares available for sale at that price.
> 
> Hope all that makes sense.
> Cheers
> John
> 
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