Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

2200% up ?!?

Reply
Chopchop
Contributor
Whats going on here. 2 trades gone through @R8 ish. But I tried to place a sell order and it failed. Anyone know why it won't let me sell?
0 Kudos
8 REPLIES 8
SimonPB
Valued Contributor
20:1 consolidation
0 Kudos
DaMerlin
Contributor
Don't understand why SBK OST stopped us from trading but I can still see trades going through. Bought a whole lot at 600c though
0 Kudos
Chopchop
Contributor
Oh ok makes sense, forgot about that. But they didn't chance the amount of shares held in your portfolio yet.
0 Kudos
Chopchop
Contributor
Oh ok makes sense, forgot about that. But they didn't change the amount of shares held in your portfolio yet.
0 Kudos
Eppies
Frequent Contributor
STB shows share is up +1816.22% after concilidation. That fact is that share is down by more 10%
0 Kudos
kwagga
Super Contributor
Good companies split shares, bad companies consolidate shares. Maybe a bit of a gross generalization, but generally good growing companies don't need to consolidate their shares to make it more tradable.
0 Kudos
SimonPB
Valued Contributor
don't think it a generalisation at all (only exception in last many years is SPG?) .. thinks it spot on .. short version, buy those doing a split sell those consoidating
0 Kudos
kwagga
Super Contributor
Dreaded camel vomit pattern - Gold http://prntscr.com/52lfex
0 Kudos