share advice!
30 April 2005, 10:05 AM
#1
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share advice!
i have 20,000 shares on a penny share (ultrasis)
i paid about .004p each
it DID went up to 0.012p once and now its dropped to 0.0074
they are moving to AIM from LSE in may
if i remember right LSE are the richer side,
AIM normally have failing shares.
should i sell or hold?
i paid about .004p each
it DID went up to 0.012p once and now its dropped to 0.0074
they are moving to AIM from LSE in may
if i remember right LSE are the richer side,
AIM normally have failing shares.
should i sell or hold?
Last edited by wwp8; 30 April 2005 at 10:23 AM.
30 April 2005, 03:59 PM
#2
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Do you really mean 0.004p???
If so, you shelled out 80p in total for 20,000 shares at 0.004p each.
I'd say keep 'em. What else can you buy for 80p these days
(I presume you really meant 0.4p?)
If so, you shelled out 80p in total for 20,000 shares at 0.004p each.
I'd say keep 'em. What else can you buy for 80p these days
(I presume you really meant 0.4p?)
30 April 2005, 06:17 PM
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The mere fact that a company is transferring its listing from LSE to AIM isn't in itself an immediate cause for concern... it could be for all sorts of reasons. Here's a comparison of the two listings - http://www.londonstockexchange.com/e...urmarkets/aim/
Not convinced you should even be investing in so-called Penny Shares without a better grasp of the underlying fundamentals
Not convinced you should even be investing in so-called Penny Shares without a better grasp of the underlying fundamentals
30 April 2005, 08:06 PM
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Originally Posted by imlach
Do you really mean 0.004p???
If so, you shelled out 80p in total for 20,000 shares at 0.004p each.
I'd say keep 'em. What else can you buy for 80p these days
(I presume you really meant 0.4p?)
If so, you shelled out 80p in total for 20,000 shares at 0.004p each.
I'd say keep 'em. What else can you buy for 80p these days
(I presume you really meant 0.4p?)
i think its £80
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