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General Category => The Investor Challenge => Topic started by: terencej on June 09, 2015, 09:09:49 am

Title: Selling of shares
Post by: terencej on June 09, 2015, 09:09:49 am
Hi,

Is there a break between when you sell shares and you get the actual money?
I sold Kumba yesterday but the 100k+ is not showing?
Title: Re: Selling of shares
Post by: Moneypenny on June 09, 2015, 09:32:54 am
If you want to trade/invest again it is available instantly, if you want to refund to your personal account i.e. take money out of your brokers acc, it takes 5 working days to clear.
Title: Re: Selling of shares
Post by: terencej on June 09, 2015, 11:28:26 am
Ok but I sold it yesterday morning but is not showing in my "Investor challenge" account.
Title: Re: Selling of shares
Post by: Moneypenny on June 09, 2015, 11:49:00 am
Oops, my bad - thought you meant in real life.
Title: Re: Selling of shares
Post by: Patrick on June 09, 2015, 11:57:42 am
Same here! What did you sell last night Terence?

Edit, never mind, figured it out. You were one of the people who took advantage of the extra R100k, so after you sold you went from -R100k to just over zero.
Title: Re: Selling of shares
Post by: terencej on June 09, 2015, 01:37:13 pm
Same here! What did you sell last night Terence?

Edit, never mind, figured it out. You were one of the people who took advantage of the extra R100k, so after you sold you went from -R100k to just over zero.

I sold Kumba yesterday. Oops, did not know about the extra 100k. ah well