APG 0.00% 0.2¢ austpac resources nl

1 mil to buy someone is keen, page-15

  1. 1,514 Posts.
    lightbulb Created with Sketch. 28

    Hi interfc,

    Commsec....
    Buy T 0 sell T+1 the trades will cancel
    Sell T +2 your acc will be debited T+3 & credit T+5 OR
    Sell T 0 & they will cancel buys on T +2

    So they sneak a day when it's in their favour.

    It's a little late for this financial year but if you want to establish a higher cost base for a share you wait till there is plenty of depth on the buy and sell side then....

    T 0 sell
    T 0 buy (just a few shares less of the same stock)

    All will work out ok so long as you don't put your acc into debit...........Did it on Friday !
 
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