Price discovery
Technical analysisThe process by which a market works out what something is worth.
In plain terms
On unscheduled news it takes days, not minutes — the first hour is guessing against algorithms.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Reverse book building
Market basicsThe price discovery process in a delisting, where public shareholders state the price at which they will sell.
In plain terms
Shareholders bid the price up rather than down. The promoter can accept or walk away.