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Chartered SC/ Chartered SC100
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alexwong
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27-May-2009 16:46
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K. thanks a lot!!! Best luck in trading!!!! Cheers
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AnthonyTan
Elite |
27-May-2009 16:42
Yells: "patience" |
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Alex, my mistake. yes u can trade yr odd lot. Either u sell yr 400 shares or buy another 600 to make it 1000.If u are doing internet trading, be very careful to key in the right numbers. The are in 100 shares. Cheers | ||||
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alexwong
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27-May-2009 16:25
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Thank you very much for ur advice...Really appreciate it
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alexwong
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27-May-2009 16:23
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Thanks for ur reply.. U mentioned that trading for odd lots have expired but i still see Chartered SC100 on the market.. Does it means if i wanna sell the 400 lots, i can do it online using Chartered SC100?
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AnthonyTan
Elite |
27-May-2009 16:08
Yells: "patience" |
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Alex, consolidation mean every 10000 shares will become 1000 shares.Yes yr holding now is 1400 shares.The trading period for odd lot has expired.Perhaps you can get yr remiser to help u with yr odd lot.There is no expiry date.Will CSC remain forever?That depend when the co. will close shop or not.. Hope this will help. | ||||
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Alligator
Veteran |
27-May-2009 15:59
Yells: "learning from past " |
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consolidation means your share is now 10 time less in number at the same time the price went up 10x so the market cap remained unchanged Now that you hold 1400, the 400 is odd lot, many people dun like to hold odd lot, but there is nothing wrong to just hold them. you do not need to BUY more or SELL the odd lot if you dum mind holding. When you want to sell odd lot, contact your broker. However if you dun like to hold odd lot, then you can use the existing counters to buy or sell odd lot, to your satisfaction if you MUSY HOLD thousands. yes, someday the odd lot counter will cease to be listed. unless there is a high demand on trading activitied, such as singtel and SIA still keep odd lot counters due to demand.
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alexwong
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27-May-2009 14:40
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I need help?! I don't quite understand their meaning of consolidation. Currently i hold 14000 shares but after consolidating, i have 1400 shares.. Does this mean that i need to buy-in another 600 shares to make it 2000, sell 400 to make it 1000 or i can just leave it at 1400?? Will this Chartered SC100 remain forever or have expiry date and by when will it expire, if there is ?? Need help!! Thanks !!! | ||||
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