Home
Login Register
Others   

Question about stocks with odd lots.

 Post Reply 1-2 of 2
 
Andrew
    26-May-2009 10:19  
Contact    Quote!


You can sell whatever combination you want, as long as it is align to the minimum lots size.  Yes, you can sell all your 5800 share under CHRT100 or 5 lots under 1000 share (usually more favourable) and 800 under chrt100.

Do take note your brokage see CHRT and CHRT100 as two different counters, you will be charge the minimum commission twice if you sell 5000 under CHRT and 800 CHRT100.

Just do what a seller will normally do....find the highest possible net selling price.
 
 
Chewbacca
    26-May-2009 09:24  
Contact    Quote!


CharteredSC, in my case.

I have 5800 lots of them. So does that mean I have to sell 5x CharteredSC and 8x CharteredSC100? Or can I seel 58x CharteredSC100? Or even buy 2x CharteredSC100 and sell 6x CharteredSC?

Thanks in advance. I'm a new buyer here, so I've been kind of confused since the rights and consolidation issue.
 
Important: Please read our Terms and Conditions and Privacy Policy .