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Ann: Mount Peake Development option , page-19

  1. 182 Posts.
    TNG have not offered that, I just said that occasionally some companies do - it can come after a share consolidation and the price drops to below $500-00 for the parcel held, or with shares bought prior-gfc, many parcels hit that $500-00 level.

    There are circumstances where parcels of less than $500-00 will be sold on market - one instance would be consolidation of assets of an estate.

    My daughter buys her initial parcel of $500-00 in a company, then regularly adds perhaps $200, $300, and pays the $10 brokerage. It is her way of topping up her shares on a regular basis. Not everyone can throw thousands of dollars at purchases.

    As far as two months pricing goes, the answer is blowing in the wind! :)

    Cheers .. Mandi
 
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