# Bidding

• There is a player who's current instant sell price is 0.89. His buy price is 1.12. I have just bid for 50 shares at £1.00. Shouldn't his instant sell price now rise to close to £1 now that my bid is in?

I understand that the instant sell price is determined by an average of the top 300 bids, but I bought 1 share at market value so I couldsee what the selling price you would be for selling 50 shares and it still says 0.89 so am a bit confused. Can someone explain? Thanks

• @NewUser161744 if you have a share in the player it shows the instant sell price, but if you press on that it changes to the current highest offer for those shares, but you won’t see that if you don’t already own the player. Sometimes it can be helpful to buy one of the player’s shares at buy now price, so you can see what the existing highest offer is on those shares.

• That's exactly what I've done though. I've bought 1 share at market price so I can see the instant sell price. But when I look to see how much selling 50 shares will be it's still 0.89p rather than closer to £1 which I would expect given I've just put in a bid for 50 shares at £1...

• @NewUser161744 josh king or haller?

• @NewUser161744 said in Bidding:

There is a player who's current instant sell price is 0.89. His buy price is 1.12. I have just bid for 50 shares at £1.00. Shouldn't his instant sell price now rise to close to £1 now that my bid is in?

These are all the players in that price range... so, the 0.89, has risen to 0.90.

• @Dan-The-Man But surely if I look at how much selling 50 shares would be it should offer a sell price of 50 x £1 = £50 given I've also placed an offer of £1 for 50 shares, even if the average share price (for 300 shares) is lower?

• @NewUser161744 you can’t sell them to yourself.

• @Richio Ah so the sell price that I see might be different to one that someone else sees given some of my bids will be in the top 300?

• @NewUser161744 the IS price will show the highest offer that isn’t your own for at least one share. If you’ve offered £1 someone else will see £1. If the highest bid you see is 89p I’d start by bidding nearer that and work up.

• @Richio That makes sense. Thank you for clarifying

• @NewUser161744 no worries. It’s all very confusing at first. I think I only worked that out in about week three. 😂

• Also, if you’ve only bought 1 share, you’ll only be able to see the depth of 1 share (probably not the bid you have in) or the IS price of average of 300.

• @Sped If you go on the website rather than the app you can still see the price changes for selling between 1-300 shares, even if you only own 1 share

• And this is all going to be obsolete on Thursday anyway!

• @NewUser161744 Still learn something new every day with this product!

• @Richio Not necessarily as bids will still work the same way.

• @Sped yeah, I just meant the information will be displayed differently.