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Tarvold

20,843 Posts.

1222

17/01/21

10:00

Post #: 50224057
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Originally posted by Tarvold: ↑

If you're doing 1 share at a time does it really matter if it's $100 or $500 at $5 a pop?

Just buy the $100/$500 worth then sell down to 1 share immediately & the 2 will net off releasing back the majority of the $100/$500.
For a share at $1 you'll use up $11 of cash plus a dollar or so for the spread.

I worked out for the list of sub 300 I put together I'd need around $2,500 to set up it up if I did one share at a time.
Some of the shares only IPO'd at the end of last year & others just have done SPP so no rush to all of them at once.
Do 10-25 a week.

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Actually scratch that it does make a diifference, 5 times the loss on the spread
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