RE: OMI - Explosive SP action, on the cusp of….15 Jan 2026 13:06
Lagan, I have explained that your average stated on platform is not an accurate average if you trade . If you sell your holding today and rebuy it it will show a 26 p average and no gain. But if you do the maths (not your strong point)
Kammy - a platform is not a baby sitter, and nor does it retain you gain/losses. Its similar to bed and ISA, if you move a million shares bought at 1, and current price is 10p, in ISA, the average will show 10p. However, you can on iii, correct the average, by entering the original cost of 1m shares, the average will readjust itself to 1p.
By dividing your total shares divided by the actual cash you have invested it will give you a very different number just like the pies.
Do you comprende?
So in an exaggerated case if you had 100 k shares at 26 p average 10 p you sell them . You have £26 k. You rebuy that £26k at 15 p . How many shares does legal now hold for no extra cash . He has more shares for same cash and a bunch of fools telling him his average must have gone up.
Kammy, your example only works when averaging down, selling at 26p, buying back at 15p, your new holding will be some 173k shares, no mystery there. Not everyone gets timing right like you...bravo!
Kammy