Why are you collecting a payment that is less than my intended investment amount?
Why are you collecting a payment that is less than my intended investment amount?
The Share price - and why you sometimes pay less than your intended investment amount?
Written by Alan Crabbe
Updated over a week ago
Your investment amount may be rounded down in some scenario's to ensure that only whole shares are paid for.
Example
If a company is offering shares at a Share Price of $3 and you make a $50 investment, we will round down the investment amount and collect a payment of $48 for 16 shares.