Closing Auction

[mehroon]

I find this phenomenon interesting. Today in the last 10 minutes of the market I was observing the bids and offer on Palamin. There was a buyer of 8000 at market and a seller of 1000 at market. The ruling price was R60. Just a few seconds before the close the bidder withdrew and the seller of the 1000 had to part with his shares at R56 which was the next bid price at that stage. Does this look right?

[Amar]

When u put in at market bids in the auction you should be prepared to deal with the consequences