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Stock bug or am I missing something?

Posted: Thu Aug 28, 2014 11:55 pm
by jondonnis
Round Petal shares trading at $61.11 per share. I wish to purchase 5% it will only cost me $44mil (roughly)

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Energy Enhanced is trading at only $36.79 per share. But to purchase 5% would cost me $185mil

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The shares are cheaper yet cost more?

Re: Stock bug or am I missing something?

Posted: Fri Aug 29, 2014 10:32 am
by counting
Their total number of shares are different (5% of 14,589,900 and 100,762,122, the latter is almost 7 times larger in quantity, of course it's more expensive , since the former price is barely twice expensive)

Re: Stock bug or am I missing something?

Posted: Fri Aug 29, 2014 12:37 pm
by jondonnis
Oh yeah :)

Re: Stock bug or am I missing something?

Posted: Fri Aug 29, 2014 12:42 pm
by counting
When you trade a stock, you also need to pay s.e.c.fee But I forget where you can find the percentage the fee.