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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.

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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Bid Price

Bid Price

Definition of 'Bid Price'

The price at which units are sold back to the managers by investors. The difference between the bid and offer prices is know as the bid and offer spread – generally about 6% on an equity unit trust. Also the price at which a market maker will buy a share from an investor.

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Related Terms

Bid Offer SpreadBid BasisBid OfferBid PremiumNon-Competitive BidNet ChangeBackwardationBid/Offer SpreadSpreadTwo-Way PriceOffer for SaleBidBig Bang IIIn PlayPacman DefencePoison PillQuote Driven Trading SystemStock Exchange Automated QuotationSuspensionWhite Knight

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