STOCK MARKET DISCUSSION V150
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 Jun 3 2019, 11:17 AM
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#1
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Junior Member
44 posts Joined: Mar 2005 
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hi all, if there's an announcement to issue bonus share: 2 units for every 100 owned.
How would it be when I'm having odd lots? for example, i owning 1080 units, by calculation it is 21.6 units, would they deposit 21 units or 22 units? |
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Jun 7 2019, 08:51 PM
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#2
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Junior Member
44 posts Joined: Mar 2005
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QUOTE(Yggdrasil @ Jun 3 2019, 11:33 AM) Not sure but 1 unit of a stock is so negligible that you shouldn't even be asking unless it's a stock like NESTLE. Thanks, just dont like to see my portfolio having some odd lots remain unsold and stays there forever so trying to make up to round figure. Speaking of which, i assume the transaction rate in odd lot board is extremely low though... QUOTE(joshgm_119 @ Jun 3 2019, 01:19 PM) Hi, the standard rounding convention when it comes to unit is always round down. However, there may be exceptions (rarely) where this can be rounded up. Thanks bro, good to know the standard convention. |
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