Hi. I’ve watched the video on share pricing which is clear to me and understood. But I’ve seen a variable on this I do not understand so well.

The video tell you that if a share price is p10.50 for example then each share costs £10.50. That makes sense.

However I have seen times that the £10.50 actually buys you 105 shares, as a rough examples.

So what is it that makes a share price differ from the stock you buy? I’m lost on this!

Davey

Here is a live example. At time of writing Lloyds Bank have a share price of 39.10 however, one share would be .39p?

It’s usual be listed in GBX which means pence.

So a hundred pennies is £1

So LLOY is 39.10 pence

The .10 is a tenth of a penny

So my example price is actually .39.1p not £39.10

Wow. Missed that.

Thank you for your fast reply

No worries.

Basically it’s that for one share

39.1p

Or 10

£3.91

Or 100

£39.10

Or 1000

£391.00

On top of when you buy if it’s not AIM or ETF expect stamp duty

Is that the same principle for the US market?

No they list in dollars. Basically if you look at the unit

p (or GBX) it’s in pence

£ (or GBP) in pounds

$ (USD) in dollars

€ (EUR) in euros

Sorry, I knew that but I meant is it listed in dollars and cents like the uk market, ie, a share at $1.00 is really 1 cent?

a share listed at $1 is $1.

the if it is less then it will show a price of $0.1 or $0.01

Thank you. Bit different than London then

I think you are overthinking it

I think it’s simply the p that’s thrown you in thinking that was pounds when it means pence.

If it shows

$1.00 it’s one dollar a share

£1.00 it’s one pound (GBP) a share

p1.00 it’s one pence (GBX) a share

So if you see p100 it’s the same as £1.00

Also the unit is placed before. But p90 and 90p is the same ninety pence.