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pimpit
04-02-2005, 07:42 AM
As my first investment, I am looking at buying some AIR shares.

What is the minimum amount of shares that I need to buy?

Paper Tiger
04-02-2005, 07:59 AM
The minimum amount of shares depends upon the share price. For AIR the minimum is 200. See here (http://www.nzx.com/regulation/listed_issuer/newlist_26apr_app2.pdf) for the NZX rule (this is a pdf file).

However if you bought that few you brokerage fee would add at least 10% to the cost. Hopefully you have many times more than $330 to invest.

Personally I would not touch AIR shares to buy and hold.

Gryffyn
04-02-2005, 08:11 AM
Welcome pimpit. Please note that it pays to look to see if there is already a thread for the stock you wish to talk about. There is one for AIR and there has been a lot of discussion on it recently - have a look.

Disc: recently bought AIR (150s) :-)