There were technical problems, involving a change in the 'round lot' rules, but, as you would expect, Dick found a solution.
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A round lot (or board lot) is a normal unit of trading of a security, which is usually 100 shares of stock in US.Investopedia definition of round lot Each stock exchange has its own regulations regarding round lot sizes: they can range anywhere from 1-100 shares, depending on the exchange. Any quantity less than this normal unit is referred to as an odd lot.
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As of March 2006, there are two exchange-traded funds listed, both are index funds for the OMXH25 index. In April 2006, the Stock Exchange announced the trading will be done in round lot sizes of one share starting from September 25, 2006. Previously trading was done in round lot sizes that varied from listed company to company.
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An odd lotter is an investor who purchases shares or other securities in small or unusual quantities. Stocks are typically traded in increments of 100 shares, a quantity known as a round lot or board lot. The cost of 100 shares of a security may be beyond the means of an individual investor, or may represent a larger investment than the investor wishes to make. Thus, the investor purchases an odd lot.
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An investment report in 2011 valued the company at $50 billion.SUSANNE CRAIG AND ANDREW ROSS SORKIN, Goldman Offering Clients a Chance to Invest in Facebook, JANUARY 2, 2011 Zuckerberg wanted to wait to conduct an initial public offering, saying in 2010 that "we are definitely in no rush." But since by 2012 Facebook had more than 500 round lot (over 100 shares) stockholders, Facebook was subject to the SEC disclosure rules starting the next year, 2013.
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Many U.S.-based companies seek to keep their share price (also called stock price) low, partly based on "round lot" trading (multiples of 100 shares). A corporation can adjust its stock price by a stock split, substituting a quantity of shares at one price for a different number of shares at an adjusted price where the value of shares x price remains equivalent. (For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range. A US share must be priced at $1 or more to be covered by NASDAQ.
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Free tickets were given to military personnel, over 100.000 free tickets were given to schoolchildren and children were invited to win tickets. Free tickets were also given to the survivors and families of those who died during 7 July 2005 London bombings. Initially, people were able to apply for tickets via a website from 15 March 2011 until 26 April 2011. There was a huge demand for tickets, with 1.8 million people applying for 20 million tickets – three times the 6.6 million tickets available in the first round lot, with 95% of the applications from Great Britain. More than 50% of the sessions went to a random ballot, but over half the people who applied got no tickets as the process was widely criticised. On 11 May 2012 a round of nearly one million "second chance" tickets went on sale, with a second round of ticket sales for events that failed to sell out in the initial allocation. This took place over a 10-day period between 23 June and 3 July 2011, with priority given to those who were unsuccessful in the first allocation process. At this point there were about 1.7 million tickets available for football and 600,000 for other sports (including archery, hockey, football, judo, boxing and volleyball), with 1.5 million tickets priced between £20 and £50.
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