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Can anyone help explain buying shares to me

  • 01-08-2008 7:32pm
    #1
    Tony255
    Registered Users, Registered Users 2 Posts: 420 ✭✭


    Hi,
    I am looking at buying some ryanair shares on sharewatch. When i check the sharewatch site it says ryanair closed at 2.38 but when i login to my sharewatch account and click "get price" the offer price is 2.4375 its confusing me. Is this the price that i buy at or.....? and what is the difference between the bid and offer price. apologies for the newbie questions.

    Rgds
    Tony


Comments

  • #2
    Tony255
    Registered Users, Registered Users 2 Posts: 420 ✭✭Tony255


    Apologies for the bump but can anyone help me with this?


  • #3
    xt40
    Registered Users, Registered Users 2 Posts: 174 ✭✭xt40


    its the lowest price that someone is currently trying to sell at.
    unless the shares are rising rapidly, you shouldnt accept the ask.
    instead put in a limit order (offer) of a few cents lower than the ask but not too far off the bid (highest existing offer) . someone might or might not accept it. you can check back later to see if your orders been filled or if necessary change it.


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