Forum Archive Index - July 2001

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

RE: [sharechat] Poor execution

From:	"Christian Mair" <product@adidas-ep.co.nz>
Date:	Tue, 3 Jul 2001 13:38:43 +1200

Well you pay an additional 50cents to convert the rights into ordinary
shares. Incl Brokerage close to 60cents. Sometimes its possible that the
price of the rights + conversion = less then the price of ordinary shares.
Experienced and quick thinking investors sometimes use this 'glitch' during
rights trading.
Christian

-----Original Message-----
From: owner-sharechat@sharechat.co.nz
[mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Mat T
Sent: Tuesday, 3 July 2001 1:29 p.m.
To: sharechat@sharechat.co.nz
Subject: [sharechat] Poor execution



Why are the Cabletalk shares trading at 60c when you
can purchase the rights for 8.9 c. Do you think these
brokers are explaining the options properly to
clients. If so why are people buying the head shares
instead of the rights.


__________________________________________________
Do You Yahoo!?
Get personalized email addresses from Yahoo! Mail
http://personal.mail.yahoo.com/


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.



----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.

Replies

RE: [sharechat] Poor execution Mat T

References

[sharechat] Poor execution Mat T

Messages by Date [	Next by Date:	[sharechat] We have made.......................CONTACT Peter Robertson
	Previous by Date:	[sharechat] Poor execution Mat T ]
Messages by Thread [	Next by Thread:	RE: [sharechat] Poor execution Mat T
	Previous by Thread:	[sharechat] Poor execution Mat T ]
Post to the Forum [	New message	Reply to this message ]