Share revaluation

barneydunn

Active member
116 31
I spoke to someone at gkfx today and he said that if a share is revalued causing the price to gap down your bet is not revalued meaning you lose whatever you lose on the market price. This presents a huge danger surely? Has anyone had any experience of this? Is the guy right? I know it must happen fairly rarely that you would get caught out by something like this but it's worth thinking on. If you're long £10 a point and it gaps down a few hundred points you're in trouble to the tune of a couple of thousand.
 

barneydunn

Active member
116 31
Ok, I have asked the question again in a different way and received a different answer. Apparently you would not be liable to a huge loss if the shares are split or in any way revalued. If this does occur then your bet is resized too.
 
 
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