Reading stock prices.

C

Crusader100

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Help! I'm a complete novice in stocks. When a share prices shows , say, 105.00. Is the two zeros to the right of the point a fraction of a penny or is that where they put the pennies or cents?
 
It would depend on the share in question - that would be €105 (say) with one company or 105.00c (€1.05) with another.

Either way, whether the individual share is valued at one price or the other is essentially irrelevant - if the companies were the same size (all other things being equal), the second company would have 100 times the numbers of shares in issue.
 
rob oyle said:
It would depend on the share in question - that would be €105 (say) with one company or 105.00c (€1.05) with another.

Either way, whether the individual share is valued at one price or the other is essentially irrelevant - if the companies were the same size (all other things being equal), the second company would have 100 times the numbers of shares in issue.
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Ah thanks! That's was prompt. The company in question is First Group. I haven't checked their share prices in a while. Would you be able to tell which one of the above you described it is?
 
From looking a broker guide prices, that's a stock worth GBP £1.07 per share at present.
 
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