TreyTzu
Junior member
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i am getting confused becoz American shares are in simple dollars for example
XYZ is trading at $12.50 simple enough to read
but on the London Stock Exchange they are done like this for example
XYZ is trading at 85.70p
i do not understand is the price of the stock 85 pence and 7 tenths of a penny
or is 85.70p actually suppose to be 85pounds and 70 pence
i hope you understand my question
XYZ is trading at $12.50 simple enough to read
but on the London Stock Exchange they are done like this for example
XYZ is trading at 85.70p
i do not understand is the price of the stock 85 pence and 7 tenths of a penny
or is 85.70p actually suppose to be 85pounds and 70 pence
i hope you understand my question