Is the minimum purchase is 200000 shares

[deepoce]

Currently there is a minimum purchase requirement of 200,000 shares per company stock.
Wow that means like if the stock is for example al warka bank 1 36
Means 200000 X 136=272200 IQD about 232 USD
it is quite a lot of investment for a single stock considering that most ISX stock are about 1 plus IQD

[latefordinar]

Currently there is a minimum purchase requirement of 200,000 shares per company stock.
Wow that means like if the stock is for example al warka bank 1 36
Means 200000 X 136=272200 IQD about 232 USD
it is quite a lot of investment for a single stock considering that most ISX stock are about 1 plus IQD


for 200,000 shares of stock.:bandit:

:cool-too:sounds about right to me:toivo:

[lglwzrd]

dont invest

[BettingOn Iraq]

Currently there is a minimum purchase requirement of 200,000 shares per company stock.
Wow that means like if the stock is for example al warka bank 1 36
Means 200000 X 136=272200 IQD about 232 USD
it is quite a lot of investment for a single stock considering that most ISX stock are about 1 plus IQD


Don't forget the 1% fee (2,722) for Warka Bank.

Warka Bank stock is really cheap right now. I just bought more Thursday.

[24mm exposed grid]

You wanna try buying some hotel stock !

[435613422]

Warka is a value buy right now IMO

[Kickabuck]

I ran Warka's numbers today from when they went out at 2.30 and issued 47% free shares...down overall around 13%. It's a steal at this price! Unless my spreadsheet figures were effed.

But, Land Transport may be a better buy, it's back around the same price it was when it issued a 50% dividend! :eek:

[trusty]

Currently there is a minimum purchase requirement of 200,000 shares per company stock.
Wow that means like if the stock is for example al warka bank 1 36
Means 200000 X 136=272200 IQD about 232 USD
it is quite a lot of investment for a single stock considering that most ISX stock are about 1 plus IQD


Sooo you feel that 10 shares for a penny is too much?

Trusty

[MEALTICKET]

I ran Warka's numbers today from when they went out at 2.30 and issued 47% free shares...down overall around 13%. It's a steal at this price! Unless my spreadsheet figures were effed.

But, Land Transport may be a better buy, it's back around the same price it was when it issued a 50% dividend! :eek:


Kickabuck... Good point Warka shares ought to be flying high off this news. Maybe it needs some pumping!!! I never have pumped but I wounder the effects could be!!! Maybe we need to call up some of our PALS at FOX...

Kickabuck good information. Alot of us are in positions since 2005. When you look at the all time highs it will blow your mind. :itwasntme:

Keep it up IFF team.... Some one is listening...

[Raj-Dinar]

Currently there is a minimum purchase requirement of 200,000 shares per company stock.
Wow that means like if the stock is for example al warka bank 1 36
Means 200000 X 136=272200 IQD about 232 USD
it is quite a lot of investment for a single stock considering that most ISX stock are about 1 plus IQD


Deepoce, where did you get this info? Did Mr.I sent an email? Please enlighten me. Thanks

[GoldenBear34]

thats a huge amount. i wouldnt invest.

[INRI]

thats a huge amount. i wouldnt invest.

Nice first post! :clapping:

[435613422]

thats a huge amount. i wouldnt invest.



$232 USD is huge amount! Wow, I thought I was cheap

[Virenque]

$232 USD is huge amount! Wow, I thought I was cheapThat's relative. Depends on individual's income. Not everybody has a well paid job or even a job itself. And with electronic trading allready in practice I don't see a reason why they set a minimum number of shares that you can buy. Maybe because of all the paper work? I also expect investor to broker electronic trading system in the future so hopefully they'll abandon this rule then...

[HumbleGenius]

$232 USD is huge amount! Wow, I thought I was cheap

Hey 435613422, Looks like Raj-Dinar has issued a Avatar challenge. Are you up to the challenge?

[GoldenBear34]

That's relative. Depends on individual's income (http://www.Forex-Signale-Live.de). Not everybody has a well paid job or even a job itself. And with electronic trading allready in practice I don't see a reason why they set a minimum number of shares that you can buy. Maybe because of all the paper work? I also expect investor to broker electronic trading system (http://www.broker-vergleich-online.de) in the future so hopefully they'll abandon this rule then...



electronic trading system? how does it work?

[Virenque]

electronic trading system? how does it work?Simple. You have your online account, you log in to your broker's website (which is usually the same system for all brokers) and you set your reqeust there. You have plenty of choices, for example, you can set a price range at which you wanna sell/purchase your shares). And then your broker proceeds these through stock exchange's system (which is allready the case on ISX).:wink:

[435613422]

Hey 435613422, Looks like Raj-Dinar has issued a Avatar challenge. Are you up to the challenge?


It could get super revealing. However, I don't want to get you guys hot and bothered. Better yet, me getting ban from IIF :bigsmile:

[War Eagle]

Once the currency RV's,the minimums will change

[Kickabuck]

Once the currency RV's,the minimums will change

I think War Eagle's login has been hacked. Either that, or decormier fed him the juice :eek:

Poor War Eagle, he was a great guy with good insight, I will always remember him for the way he was...RIP my friend :crying:

[Albus Dumbledore]

Once the currency RV's,the minimums will change

:wait: You do mean after the Lop/RV combo, right? :bigsmile: I will definitely be looking forward to a change in the minimum purchase requirements. I hope the hotel sector drops down to 50,000 shares/purchase. :clapping: