It's not bots. Its actual retail investors who use a platform found at sharesies.com. You get charged a % for brokerage but there is no minimum brokerage. You also can purchase fractional shares. So if you wanted to you could place an order for $2 worth of SPK shares and pick up half a share.
Im kind of surprised it didnt bounce on bailout news..........................Just as a matter of interest...about the time I bid farewell it was around this priice............................but heck ...if the government is backing it ,at least we know its not going down
Im kind of surprised it didnt bounce on bailout news..........................Just as a matter of interest...about the time I bid farewell it was around this priice............................but heck ...if the government is backing it ,at least we know its not going down
But it was not really a bailout was it. It was a loan for 3 months of working capital at onerous conditions. So in the end that will be converted to equity at terms that will not be favourable to existing shareholders. That is my reading of it anyway.
Goes in and out of a trading halt all day. Its being circuit breaker protected...I am not sure under what jurisdiction or mechanisms. Why are they not protecting shares that have fallen further in the tourism sector like THL ? Pretty obvious the shares are worthless in the current environment. Getting my Mitre Ten vouchers with airpoints tomorrow before the lockdown and collapse.
Last edited by Beagle; 23-03-2020 at 04:39 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Goes in and out of a trading halt all day. Its being circuit breaker protected...I am not sure under what jurisdiction or mechanisms. Why are they not protecting shares that have fallen further in the tourism sector like THL ? Pretty obvious the shares are worthless in the current environment. Getting my Mitre Ten vouchers with airpoints tomorrow before the lockdown and collapse.
Vouchers! are you sure Mitre 10 are going to be around for you to use them?
Not in store you can't from what I understand. But I went to the AIRnz shop online and managed to buy them. They are for fixed amounts, the largest denominated one is for $500. But you might be able to buy more than 1. They email you the voucher within 2 days.
Does anyone know what is happening regarding all the domestic travel booked in the next 4 weeks? You can still book flights online, but surely you would have to prove your travel is essential and planes will be half empty?
Originally Posted by blackcap
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