the unit amount for IFL31 Dec 2014 15:20
wainsam this is an interesting question. As a novice purchaser of shares, I would suggest that the minimum holding is a single share. But if you were to consider speculating, you would have to consider the cost of trading (buying and selling) along with any possible sp rise/ lose. The good news, is that you do not have to pay stamp duty on this particular stock. All of this cost would have to be absorbed in sufficient shares to justify the risk. However despite this, I have noticed numerous trades for 10 shares and am a loss to understand why. All the best to you all for the new year.