The LONMIN share price thread

[Drifter]

But you need min R5K to invest on FNB?

 

[Hamster]

Rights are only for those who had shares back then when it was issued

Considering we are buying CFDs from EE and they are buying the actual rights, anyone on EE can probably buy these rights.

 

[Thor]

Considering we are buying CFDs from EE and they are buying the actual rights, anyone on EE can probably buy these rights.

True, but unfortunately not.

I called and only those who held shares before last week account's are eligible for the rights

 

[alqassam]

True, but unfortunately not.

I called and only those who held shares before last week account's are eligible for the rights

Then why did they sell me rights on the phone. I need to call them to confirm

 

[Thor]

Then why did they sell me rights on the phone. I need to call them to confirm

Doubt this unless you had share before.

I called and asked about this very specifically.


@romi or whatever he's name is can he just also come and confirm please

 

[Solitude]

Doubt this unless you had share before.

I called and asked about this very specifically.


@romi or whatever he's name is can he just also come and confirm please

You'll have to pm him or post in the EE thread. This isn't MyGaming.

 

[The_Ogre]

Doubt this unless you had share before.

I called and asked about this very specifically.


@romi or whatever he's name is can he just also come and confirm please

Did you see this post of mine?:

Huh, what's going on here?!

On OST I have the option to buy the right. I bought 5000 rights as a test.

I'm now sitting here thinking whether I should buy 50k worth of rights or not.

View attachment 319817

And prior to Friday, the 27th, I didn't own any Lonmin shares

 

[Drifter]

How do I buy via FNB without investing R5000. I just want to get R200 rights option shares.

 

[Noseworthy]

How do I buy via FNB without investing R5000. I just want to get R200 rights option shares.

Simple, I bought 2000 shares for .31c from FNB. I don't know where the R5000 is coming from.

On that note, their frees are high for the first 50 trades (I think)

 

[Drifter]

Can u send me a link please?

 

[Noseworthy]

 

[The_Ogre]

How do I buy via FNB without investing R5000. I just want to get R200 rights option shares.

I take it you bank with FNB then.

Don't you wife or one of your kids bank with Standard Bank? If so they can open an OST account and it usually gets approved within 24 hours.

Either that or take 50 bucks and go open an e-plan account at Standard Bank from which you can EFT to fund your OST account. The reason why its preferable to use a Standard Bank account is that the EFT would be instant. If you can live with the 1 or 2 day delay in doing it from FNB then just open the OST account, send your FICA docs and do an EFT from your FNB account.

 

[Pho3nix]

I take it you bank with FNB then.

Don't you wife or one of your kids bank with Standard Bank? If so they can open an OST account and it usually gets approved within 24 hours.

Either that or take 50 bucks and go open an e-plan account at Standard Bank from which you can EFT to fund your OST account. The reason why its preferable to use a Standard Bank account is that the EFT would be instant. If you can live with the 1 or 2 day delay in doing it from FNB then just open the OST account, send your FICA docs and do an EFT from your FNB account.

Less than a day if you hassle the call centre

 

[Thor]

I mailed them now, Will give an update

 

[The_Ogre]

Less than a day if you hassle the call centre

You have too much free time

 

[DrewChan]

Are there any other shares that experience intraday swings like Lonmin? I know share trading isn't really a short term investment but is "scalping" possible?

 

[Drifter]

15 min delay on moneyweb.

 

[Thor]

http://www.hl.co.uk/shares/shares-search-results/l/lonmin-plc-ordinary-usd1/broker-forecasts

 

[Drifter]

I take it you bank with FNB then.

Don't you wife or one of your kids bank with Standard Bank? If so they can open an OST account and it usually gets approved within 24 hours.

Either that or take 50 bucks and go open an e-plan account at Standard Bank from which you can EFT to fund your OST account. The reason why its preferable to use a Standard Bank account is that the EFT would be instant. If you can live with the 1 or 2 day delay in doing it from FNB then just open the OST account, send your FICA docs and do an EFT from your FNB account.

I have a Standard bank savings account as well.

 

[The_Ogre]

I have a Standard bank savings account as well.

So, now go to securities.standardbank.co.za and register, there's an option to tick to indicate you're an existing SBG client. This will save you the hassle of FICA.