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Owen I’m with Charles Stanley and my portfolio is appearing active with a profit - very strange
J
You are saying teardrop what I have to say with shy of 80000 - speck of dust?
Orangeite,
Not quite sure what you're saying here
Market makers have an obligation to post bids and offers by means of limit orders on the Exchange
If you place a market order it is usually matched to a market maker's limit order, job done
Mms also put a volume on their limit orders, so it's possible your market order won't get filled if its big, or lots of market orders being placed
If the market order is filled your broker is informed, who inform you. This is a binding contract with the Exchange as counterparty, not the MM, so the Exchange itself is responsible for settlement
There is a different question about brokers loaning out shares they are holding for a fee, but that would be their responsibility to return
Do you disagree?
Makes mine look like a tear drop versus a bathtub full but it's all relative and nice to see the numbers invested. Looking forward to the next lot of rns's and for when the big news starts.
When I see those rns with the amount of shares they hold and look at my holding I feel so envious. I have no where near their holdings and wish I did lol!
Only way with HL (and others- Barclays, HSBC etc) to sell shares that YOU own is if YOU authorise the sale. Shares will be held in a nominee account which doesn't trade without your knowledge. I suggest you consider a broker who abides by this discipline and I would certainly phone your broker and discuss…..
Sorry if this has been posted before but what would happen if the brokers sold shares they didn't have and the MM's couldn't supply the stock.
Are the brokers then liable for the missing shares?
not on purpose Mr seadog I apologise if I got peoples hopes up.
I got excited my self thinking things were back on the move :-)
Owenr5,
I'm beginning to think that you are a bit of a tease ;-)
followed by these
Yes, it is still suspended, with no further news on the company to change this. Typically a suspended share would always provide the value of 0p per share and therefore no value
I can only assume that there's been a change to the feed which has affected this, but there's no material change to the company in terms of its Stock Exchange listing at the moment
so god knows
It is illegal to buy or sell shares on the market when suspended.
this is the reply I have had … I'm just checking for any updates on the stock but I suspect it may just be pulling through an old price
Nor will Hargreaves Lansdowne
Barclays will not allow you to buy or sell EUA. It’s status remains suspended.
I am just in a live chat with them now I will keep you updated as they reply
Edit: Should NOT!
I also wrote to my broker some time ago in regards to lending or borrowing shares and they confirmed they neither lent out or allowed shares to be borrrowed?
Anyway I think you should contact them on this as you should be able to sell while in suspension.
its just let me sell 3 shares all the way to the 2nd confirmation page but I didn't go and sell them
I would ring Charles Stanley up if I were you and ask them?
Some platforms are showing the shares, but a value of 0.00p for example (assume due to suspension)?
If you give me your pay-pal address I will send you the dealing cost to sell one share? Want to get to the bottom of this!
This just proves what another poster was asking the other day inquiring if the share transaction had definitely been executed by the broker. This shows that brokers hold phantom shares without holding the share certificates.
MM games to create liquidity
my thoughts exactly.
I'm eeping hold till a sale fingers crossed
aandi I only hold just over 2000 bought at 0.2 so I' gonna keep hold of them all I think
And if you let them go for less than £15 you crazy!
IS it worth selling £50's worth to see if it can be done?
I know that's why I asked its selling at 7.10 i'm with Charles Stanley. I found it crazy im obviously not gonna go with it but just found it weird its offering it me
Sounds like your broker doesn't own the share certificates and wants you to offload them at 7p so they don't have to splash out many more pence per share to your account when trading resumes or total purchase price is announced.
Similar to I.G reducing the margin requirements on spread beats, one small way for the market maker to limit their losses