Forum Archive Index - June 2002

["Craig Hoskin" <craig@infobahnz.co.nz>]

Title: RE: Re: [sharechat] The Iniquities and Inequities of attempted buying/selling on the NZSE by computer

|A cent drop in the share price implies a nearly $2,500 smaller
|receipt so I'm not keen to sell at market when I've already researched
|avge daily volume and going sale prices for a while back. Nor
|am I keen
|to pay about $2,500 in brokerage. Yes, Ok, I'm getting mean and
|grovelling in the gutter for petty cash.

Petty Cash? :-)

You have got my mind in a spin :-)  $2500 brokerage .... how do you get that .... multiple trades of $25 or Single trade gathering say anywhere between .2 and .375%.  KInd of narrow downs the shares on the NZSE which can take that sort of volume on a daily basis as well as have a one cent drop that reduces your receipt by $2500 :-)