Hi,
May I know how we can sell fractional shares in REITS? Got the reinvestment offer from AXIS but not sure if it is worth considering.
Any advice is appreciated.
M Reits Version 7, Malaysia Real Estate Investment
M Reits Version 7, Malaysia Real Estate Investment
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Nov 26 2023, 04:36 PM
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#1
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Junior Member
664 posts Joined: Dec 2006 |
Hi,
May I know how we can sell fractional shares in REITS? Got the reinvestment offer from AXIS but not sure if it is worth considering. Any advice is appreciated. |
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Dec 17 2023, 05:08 PM
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#2
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Junior Member
664 posts Joined: Dec 2006 |
QUOTE(Cubalagi @ Nov 29 2023, 09:49 AM) Malaysia doesnt have fractional shares yet..so what you got is likely odd lots. A lot is 100 shares. Wouldn't reinvestment will result in fractional shares? Not necessarily end with odd lots?You sell odd lot shares at the odd lot market..usually at huge discounts. Check your broker. |
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