We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Stocks and Shares... A quick question..

Hi guys and girls,
I'm New here starting, to read up and explore the world of stock trading.

My question is this

Taking as a random share... RDSA (shell)
If the price of the share is 2,130.00 Is that price per share in pence?

So the actual price I am paying is £21.30 PER SHARE.
Or would I be paying £2130.00 per share?

I am getting a little confused! but am pretty sure I am right with my first assumption.

So another quick :
the price of RDSA as it stands now is Share Price: 2,013.00 - If I had £2013.00 to invest I would be able to buy 100 shares in RDSA.
ith a £10,000 investment, just for arguments sake.

Thanks.

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Price is in pence, so £21.30 a share.

    You would need £2,130 to buy 100 shares. (not £2,013...) but yes you would be able to buy 100 shares if you had £10,000.
  • crandy100 wrote: »
    Hi guys and girls,
    I'm New here starting, to read up and explore the world of stock trading.

    My question is this

    Taking as a random share... RDSA (shell)
    If the price of the share is 2,130.00 Is that price per share in pence?

    So the actual price I am paying is £21.30 PER SHARE.
    Or would I be paying £2130.00 per share?

    I am getting a little confused! but am pretty sure I am right with my first assumption.

    So another quick :
    the price of RDSA as it stands now is Share Price: 2,013.00 - If I had £2013.00 to invest I would be able to buy 100 shares in RDSA.
    ith a £10,000 investment, just for arguments sake.

    Thanks.

    £21.30 :)

    I dont understand your second question
  • Basically
    the price of this share :
    google.co. uk/finance?client=ob&q= LON:RDSA
    1,986.31

    I am not allowed to link due to being a noobey, but the price would be £19.86 per share.. give or take a few pence. is that correct?

    Thanks :)
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Yes that is correct.

    When you trade you usually say how much you want to buy and you have 15s to confirm the trade and how much it will cost.
  • thats great thanks for all the help folks! I thought I was right with my assumption until a friend questioned me and said was nearly 2k per share haha

    thanks
  • Pachira
    Pachira Posts: 129 Forumite
    Strange - Google's last trade price seems way out.

    LSE, yahoo, iii etc are quoting 2013p

    http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B03MLX29GBGBXSET0
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.