I was poised on the buy button at 1 second past 8 this morning in my quest for SBTX:SkinBioTherapeutics shares.
First press of the button and no quote available. Second quote also not available.
Third press of the button 15p - bugger - oh well, that was the maximum I was prepared to spend so I pressed buy.
Message came back - sale could not be processed - bugger!!
Hit the re-quote button again
Offer came back at 13.9p - yippee!!
Hit the buy button and this time it went through.
Initial feeling of relief and satisfaction.
Soon followed feelings of worry - the IPO price was 9p. Have I paid chronically over the odds?
Massive 30% spread so the holding was losing £300 immediately.
It seems to have settled down now, with a bid price of 13.5p meaning my loss is only £48, and offer price of 14.5p.
All I can do is watch now and see how it ends the day...
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