THL - Tourism Holdings

**Blendy** · 17-12-2019, 10:04 PM

i managed to sell 1 single share at $3.18 somehow today

**BlackPeter** · 18-12-2019, 08:19 AM

Originally Posted by Blendy

i managed to sell 1 single share at $3.18 somehow today

I recon you are not chuffed about the deal, are you?

**dodgy** · 18-12-2019, 10:57 AM

Originally Posted by Blendy

i managed to sell 1 single share at $3.18 somehow today

Hi Blendy and all,
Festive greetings.
I think it is high time shareholders and shareholder associations stood up against this blatant dicky trading which I belieive is being orchestrated by the brokers or interest groups like Kiwi-saver managers, and condoned by the NZX - all to effect trading costs and hence profits for "them".
Fair and honest?
You decide.
Regards,
Dodgy

**Blendy** · 18-12-2019, 11:03 AM

yeah it is a bit hard to see how all the tiny single digit trades are sensible in any way. Surely the average person doing their own trading is not going to pay $30 to trade such tiny quantities.

I'm just hoping that the rest of my trade goes through because the trading fee certainly makes it an unprofitable trade, even before i look at any loss i'm making in selling.

**couta1** · 18-12-2019, 11:05 AM

Originally Posted by Blendy

yeah it is a bit hard to see how all the tiny single digit trades are sensible in any way. Surely the average person doing their own trading is not going to pay $30 to trade such tiny quantities.

I'm just hoping that the rest of my trade goes through because the trading fee certainly makes it an unprofitable trade, even before i look at any loss i'm making in selling.

Nothing to do with an average person, it's all machine controlled trading.

**Brain** · 18-12-2019, 11:22 AM

Originally Posted by Blendy

yeah it is a bit hard to see how all the tiny single digit trades are sensible in any way. Surely the average person doing their own trading is not going to pay $30 to trade such tiny quantities.

I'm just hoping that the rest of my trade goes through because the trading fee certainly makes it an unprofitable trade, even before i look at any loss i'm making in selling.

this is the Sharesies effect. I think we are just going to have to get used to it.

**dodgy** · 18-12-2019, 11:27 AM

Hi,
And who do you think controls the machines ? Retail investors ? .
Its a scam? Or - please provide any valid reasoning .You decide.
-d

**couta1** · 18-12-2019, 11:36 AM

Originally Posted by Brain

this is the Sharesies effect. I think we are just going to have to get used to it.

Yep Sharesies have caused a lot of these problems of late but the NZX has turned a blind eye.

**BlackPeter** · 18-12-2019, 11:39 AM

Originally Posted by couta1

Yep Sharesies have caused a lot of these problems of late but the NZX has turned a blind eye.

What exactly is the NZX supposed to do in your view? Sharesies and their price structure do allow buying and selling of individual shares (or small numbers). Nothing illegal with that. Maybe the other brokers will need to look at their price structure instead.