Forum Archive Index - February 2002

["Michael Phillips" <michael.p@paradise.net.nz>]

Thanks for the chart Phaedrus.  I for one will be keen to see where WAM
go from here.

I unloaded the bulk of my holding at $3.20 and learnt a valuable lesson
at the same time about the inherent risks of setting limits on your sell
order.  At this point I could well be their smallest stakeholder<blush>.

They were (and still are) a stock that I was comfortable having in my
portfolio, so may well have to pick up a few more (at the very least) if
too many more people decide to quit the stock...

Off on a tangent now...I recall reading somewhere (can't for the life of
me remember where) information on minimum parcel limits for trading
securities on the NZSE.  IIRC, various minimum parcel sizes were
allocated to stocks that fell within a particular price range.  If this
is still the case, I would be very grateful to hear from anyone who can
lay their hands on this information.

Regards
Michael
===



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