Hi, I need some advice if I’m buying fracking stock, does that mean I have 1 share after buying 2x 0.5 shares or still 2x 0.5 ? Since one of the first e-mails says the rest of the faction is held by a broker( Trading212) Bot tells me that if I buy a faction it will be a faction.
But Trading only offers to transfer to another broker in the case of units. That means if I bought 10.5 shares in one year, I can’t convert any of it? Because I’ve never bought an entire share? Where applicable, when the shares are transcribed in the name of the investor?
If you were to transfer, you could transfer the 10 shares and the 0.5 shares would be liquidated and transferred as cash. It doesn’t matter how you buy the shares over time.
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