Invest
Random thoughts: Pence wise and Pound foolish, literally
By Sillyinvestor  •  February 28, 2021
Recently, I bought BAE systems from London exchanges (LSE) When I check my balance i saw this my purchase price is 4.735 I ask why 4.735, when the message alert I received is 473.5 I thought it is a error from kayhian side. I even joked with my broker and fellow bloggers that I got a 100 baggers. My broker tried to explain to me it is in Pence. He send me the conversion rate, I say I am aware it it is pound. I ask why divide by 100. He exasperatedly said it is pence, like cents ... And I go oops. And I ask, and they allow trading of 1 share?? End up I paid double the commission to get the quantity I wanted. LOL. Had a good laugh. Sillyinvestor indeed....
Read the full article
By Sillyinvestor
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance