1. The decimal places tell you whether a market was involved
Four transactions, one reading rule. Prices that land on a round figure were set by a document; prices with four decimal places and a footnoted range were set by a book.
| Actor | Security | Price | Shape | What set it |
|---|---|---|---|---|
| Salvia Investment GmbH | BBTX | $16.00 | Flat, round | Prospectus |
| LOR, Inc. | ROL | $34.5864 | WAP, range $33.94–$34.785 | Order book |
| F. A. Lonegro | LSTR | $142.9238 | WAP, range $141.04–$144.28 | Order book |
| Godric’s Hollow Trust | BETA | $20.2353 | WAP, 3 sessions | Order book |