I'm trying to sell my shares in NHH but am having rather a lot of difficulty doing so. Whilst the stock is rather illiquid and I accept that, I thought I'd at least be able to put an order into the market. Seems not.
Last sale price = $1.65 with 10,000 shares trading at that price yesterday. That's considerably more than the volume I'm trying to sell so should be no issue there.
Market depth shows two sellers, one at $1.65 and one at $1.70
I've tried placing a sell order at literally every possible price between $1.50 and $1.90 and all are rejected by the broker. Even at $1.65, the last sale price, it's apparently too far from the last sale price and they're required to not allow that. If there's something illegal about selling at that price then how are there two other orders in the market at those prices?
I'm missing something here. Any help?
I've contacted the broker, ANZ, yesterday and thus far no response.
PS - A search didn't bring up a thread for this stock hence starting a new one.