IG15 Nov 2019 18:20
Ref the guaranteed stops mentioned earlier the IG spreadbetting platform will only permit a guaranteed stop at 0.7p as they don’t want to take the risk of a potential gap down. The information they provide as to how many people are long or short on the SB plantform is only IG clients and does not impact the actual share. But because the share price is so low you only need a minimal margin to have a great risk/reward leverage if you are very bullish. Eg £5,000 per penny is sub £4,000 margin on a professional platform. So if you think it’s goibg to be 23p this is the best route and no tax. Just need to be able to cover £15k if you’re wrong!