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Re: [sharechat] Selling shares online

From:	"Baa Baa" <baa_baa@hotmail.com>
Date:	Wed, 03 Mar 2004 21:17:02 +0000


Keith, my understnding is that there is a 3 day clearance, so if you have 
sufficient capital at hand, you can buy & sell as many times as you like, 
but, if you rely on a sell to fund a buy, the sales capital will not be 
available until it has cleared.

BAA

>From: "kmthor" <kmthor@xtra.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: Re: [sharechat] Selling shares online
>Date: Thu, 4 Mar 2004 07:03:03 +1300
>
>baa baa
>  so does this mean that you can not turn over a stock on the same day or
>next day, not being real time
>
>
>keith

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