TAS 25.0% 0.5¢ tasman resources ltd

Huge Trade Today, page-4

  1. 18,665 Posts.
    lightbulb Created with Sketch. 276
    OK I'll re-supply the answer

    You don't settle for the 0.4c, it would be rounded down to $0.04. Though if it were $0.046 opening it would be rounded up to $0.05.

    But by the time your broker gets on to you, the buyer just pays $0.04 more than the brokerage, where as the sell pays $0.04 less than the brokerage. So it has really been a bad purchase/sell either way.

    Only ones making the money is the brokering firms
    Last edited by roaminoz: 19/03/19
 
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