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What are the tick sizes on the ASX?

A tick is the minimum price interval in which you may place orders in the market. It is also the minimum price movement allowed on the market.

On the ASX as at May 2003, the tick size is:

0.1c to 9.9c ....... 0.1c

10c to 49.5c ...... 0.5c

50c and above ... 1.0c