The Accidental Smallholder Forum

Community => Coffee Lounge => Topic started by: rockstar on June 08, 2012, 07:41:33 pm

Title: RBS shares
Post by: rockstar on June 08, 2012, 07:41:33 pm

oh my good look at these shares rocket in the last 3 days.  :thumbsup:

Title: Re: RBS shares
Post by: Crofterloon on June 08, 2012, 09:52:20 pm

I think it was a 1 for 10 deal so a share at 223 today was 10 shares at 22.3 a couple of days ago.

Title: Re: RBS shares
Post by: Simple Simon on June 08, 2012, 11:11:39 pm

Yup.


Just as when the price got to £21 a while back they multiplied the number of shares by 3 to reduce it to £7.  It should reduce share price volatility in theory.