Okay, this is going to sound really stupid, but I'm completely new and I've read the education stuff on the ASX website but no where does it actually tell you how to read the charts on their site (unless I completely missed it). I'm talking about the ones that look like this:
Code, Last, $+/-, Bid, Offer, Open, High, Low, Volume, etc
I understand most of it, but what has me confused is Bid and Offer. If I wanted to buy stock, it would cost me what is listed under the BID section, right? If I already owned the stock and wanted to sell it, it would sell for whatever is listed under the OFFER section, right? Or am I completely wrong? If my train of thought is right, I would have thought what I want to buy at and what it would sell at is the same price.
Anyway, any help would be greatly appreciated.