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RE: [sharechat] Depth


From: "Wedde, John" <john.wedde@cit.ac.nz>
Date: Mon, 14 May 2001 09:47:57 +1200


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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