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General Category => The Investor Challenge => Topic started by: Swany05 on January 30, 2015, 07:48:31 am

Title: Share price calculation
Post by: Swany05 on January 30, 2015, 07:48:31 am

Hi Patrick

Im new to this and trying to understand how things work in terms of trading. Please see below for some eg:

2015-01-08 09:24:02 BVT Bidvest Ltd  5 30197 R1 629,85
2015-01-26 12:07:38 BVT Bidvest Ltd  -5 31198 -R1 439,90

Bidvest was a test hence the low quantity

2015-01-08 09:16:44 SOL Sasol Limited  10 40342 R4 154,20
2015-01-27 09:47:16 SOL Sasol Limited  -10 41574 -R4 037,40

As you can see my trades re made at about 3% but often the timing is off due to the latency. Am I missing an obvious fundamental?

Title: Re: Share price calculation
Post by: Patrick on January 31, 2015, 05:29:40 pm

Looks normal to me, the fees are what's screwing you. They are either 0.4% or R120, whichever is more! Pretty close to real life.

Title: Re: Share price calculation
Post by: Orca on February 19, 2015, 01:37:07 pm

How could Levit Holdings buy STPROP today at 5100 when it opened at 5770 and never went lower.

Title: Re: Share price calculation
Post by: Patrick on February 20, 2015, 11:16:34 am

That's share has done that a few times now. I'll check it out and roll back if needed