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@Patrick checkout Nigeria's currency today lost 30% against dollar

Morning

I think I'm going to take advantage of the R1m discretionary allowance soon if these rates stick...

I have a conundrum which some forum peoples may have experienced and got a solution to the problem

I want to buy a further 500,000 (NUT) at 1 cent (I have no problem waiting weeks to have the order executed), but I don't want to place the order myself over my brokers on line system as the chances are high that the order will not be executed in a single parcel, thus for every transaction executed it would incur brokerage per transaction. My brokers are not prepared to make it known to other brokers within the country that they have an order for 500,000 shares and then establish what the other brokers have to sell so that the parcel can be fully met. Initially they put me onto a portfolio manager who confirmed that this could not be done, but they were more than eager to assist with my portfolio and evaluate buys and sells.
So my question is has any other forum person been confronted with such a problem and whether their brokers assisted them with such a purchase/sale
Would be interested in knowing, as some 45 years ago when I was in a scrip department this was a normal function of stockbrokers in those days.

Thanks in anticipation to responses 

I sold my AVL, 4 trades same time, but diff prices. and trade cost was same as if I sold 1 trade.

I sold my AVL, 4 trades same time, but diff prices. and trade cost was same as if I sold 1 trade.

If one or more trades are executed on the same day then you pay brokerage based on a single sale, however if it is only partially filled and it rolls over to the next day then you pay brokerage for the first days transaction and then brokerage is charged at the next days transactions

Sorry, why are you buying NUT ?

These are my high risk shares in my portfolio and I want them to climb to 10 cents over the next 5 years and if they do I will make a bucket load of cash. They may even consolidate their shares in the future maybe on a 100 : 1 basis ( I am hoping they go this route once they get themselves sorted out). Should they go nowhere and get liquidated then I will use the loss to offset CGT on shares that I sell in the future. They have been as high as 4 cents in the last year, but if I lose out then I can afford to take the knock

FEDERAL RESERVE WARNS: Stocks are looking expensive