4 Comments
User's avatar
Rob King's avatar

I recently opened up a Trader 212 account. On several occasions, have tried to purchase using the Trader ap, to no avail. One one occasion, was able to purchase only 235 shares at 49.8 p. Just wondering if anyone else has had a similar problem with liquidity of this stock? I think that it is currently attractively priced and I like it's investment thesis. Would value any insights on the write down on Fetcher. Thank you OB for all your time and trouble compiling the notes around the idea. The potential for optimal water irrigation in areas where crops in particular depend on desalinated water must be of great importance.

Expand full comment
DougalInvests's avatar

I’m assuming that you mean Trading212.

Just in case you missed this in your due diligence when you signed up to this broker, their website states they only execute trades through DMA, or between their own customers.

A secondary check on the primary exchange shows that for this microcap with an mcap currently around £80m, there is only around 40 trades placed monthly.

https://www.londonstockexchange.com/stock/LIV/livermore-investments-group-limited/trade-recap

As a result this will be difficult to trade on your current broker account for both factors, and in addition the price could fluctuate based on thin trading.

Expand full comment
Rob King's avatar

Thank you for explaining this to me. Very much appreciated.

Expand full comment
User's avatar
Comment deleted
8d
Comment deleted
Expand full comment
The Oak Bloke's avatar

You can certainly buy and sell via AJ Bell

Expand full comment