Bid Rate Ask Rate = Wht Price ???

Hi,


I BID Rs 100 for XYZ
ASK RATE - Rs 102 for XYZ

BID QTY = 2000 shares
ASK QTY = 1900 share


WHATS THE PRICE ????????????????/

Nobody Could Explain..........


<<<<<<<<<shame>>>>>>>>>>>>>

Price for buyer is Rs. 102/-. Price for seller is Rs. 100/-. If both buyer and seller execute the transaction at Rs.101/-, then the last traded price is Rs.101/-

You seem to be quite new to this forum. There is every likelyhood of every question not being answered by senior/experienced members herein. Please do not misunderstand me. There is nothing for them to be ashamed off. If your question is not answered, please think about your question itself. It may not be clear or it might not have been considered worthy enough by senior members to elicit an answer. I myself have many posts to my credit, which did not elicit any response. I never thought that if my post did not elicit any answer it is a shame on other members here. All that I thought was that my post was not worthy enough to elicit a reply from them. I have been thinking that next time, I should improve my questions. Think in that manner. Hope this helps.
Thanks and regards
R. S. Iyer

I just noticed this fact. Your thread is viewed by only eight persons upto 7.25 P. M. today. This includes me. Without reading your thread how can you expect answers?

Dear Friend,

Dont take it to heart.

If you are an investor, you know how to provoke , there is nothing to be ashamed of anything in this world.

RELAX.

We all are friends & fellows here.

Investors, beginers, traders, community. ITS BUSINESS

AS per my thread of PRICING, it is not to hard to discuss.


Thanks for your comments & dont take it to heart

ANSWER is RS 100 and not Rs 101

your question is not clear...had you explained it further you would have got many replies.

do you mean ...last traded price ..??well,if it is ..types of orders ,number of seller and buyers...and first in first out ... factors also need to be considered.

regards
suba

Dear
I never felt offended by your post. From your post, it appeared that you were quite anxious to see a reply and since you did not get it immediately, you seemed to have been annoyed. That is what I gathered from your post. That is why I was just trying to set the things in proper perspective. No offence meant to you or to anyone. I am glad to note that you too did not feel offended.

Now to your answer. You say price is Rs. 100/-. My question is if the seller is not willing to sell below Rs. 102/-, what is the price that the buyer has to pay?

I look for a thorough explanation on this.