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1.6¢ sky and space company ltd

Thanks so much! Makes sense...

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14 Posts.

09/03/17

17:19

Post #: 23226185
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Originally posted by OzJ ↑

No not difficult, just potentially pricey. If you place a buy order at a specific price then you go to the end of the queue for everyone that has offered to buy at that price before you. If you buy at the market price then you buy immediately at the cheapest price to fill your order, in affect jumping the queue but also paying possibly much more per share depending on how willing people are to sell.

Zero recommended that you wait for trading to start again so you can see what happens to the price. It may jump up on opening (knock on wood) and you could end up paying quite a bit more per share than you thought you would. It all depends how excited (or not) everyone gets over this trading halt and announcement.

DOYR, IMHO, YMMV, AWANPMJADB

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Thanks so much! Makes sense...

SAS Price at posting: 19.0¢ Sentiment: None Disclosure: Held
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