Hi guys,
I recently sold my RBS shares from a first direct sharedealing account to put the same liability into my IG Index account (but free up capital)...
However, because of the bank holiday the money hadn't settled so I hadn't reinvested, then this morning due to the 10 for 1 share price increase the share price flew from 20p to 200p.
Since this was a predicted thing, would I have still 1000% profited in my spreadbetting account or would my stake have translated to reflect?
Hope to god I haven't just missed out on some crazy loophole!!!
I recently sold my RBS shares from a first direct sharedealing account to put the same liability into my IG Index account (but free up capital)...
However, because of the bank holiday the money hadn't settled so I hadn't reinvested, then this morning due to the 10 for 1 share price increase the share price flew from 20p to 200p.
Since this was a predicted thing, would I have still 1000% profited in my spreadbetting account or would my stake have translated to reflect?
Hope to god I haven't just missed out on some crazy loophole!!!
- In retrospect a fairly daft question, just saw a giant jump and panicked!