Today...12 Jun 2018 16:57
Daily moves in the sp mean little. It's but a snap shot in time. If i had spare i'd be tempted to add for the long term. The drawback is the politics but we know all about that
which at 50 would have finished G forever if you'd followed the G is a basket case scenario which was touted in several reputable papers. How things change...the sp doesn't always tell the whole story and its incumbent on all pis to realise that, being scared out of a losing / profitable position is "meat and potatoes" to the barrow boys. In this regard some
of our younger investors might consider a new trading platform about to list on Aim. Dubbed the 'spotify' (whatever that is) of trading venues it aims to attract clients via a subscription-based model. This follows the MIFID shake up in regulation. Investors are normally charged a % on the value of each trade, however on AQUIS they pay a monthly sub fee
based on the nos of transactions.
They claim it will materially reduce
costs for customers. They 'say' they will ban "toxic" high-frequency trading. AQUIS aims to list on Aim on Thursday with a mrk cap of £73m. AQUIS made a loss of £3.3m in 2017 a 15% improvement after a 65% jump in t/o. Proceeds will be invested in marketing, tech and flotation costs. One to consider as an investment if 'day' trading is not your bag.