QUOTE(Darkmage12 @ Nov 7 2006, 07:29 PM)
ya haha.... i knew i was right on this.... btw devil how come got people selling their odd lot at funny prices? odd lot can trade?
People doesnt sell odd lot for fun Odd lots are usually given out as bonus issue, share split or reverse split.
For example, Stock A declares a bonus issue 1 for 10
So if you are holding 100 units it your holding will eventually becomes 110 units.
However, as the normal market is traded in board lot of 100 units, you can only dispose it in odd lot market. And yes there is such a market but usually the commission rate will be higher.
Nov 8 2006, 09:18 AM
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