Meaning of the term Capitalisation

[TheMotorcycleBoy]

Very high value individual shares makes it harder for small investors to buy into the company. Such as your NXT problem.

Gryff

Like Berkshire Hathaway A shares at $323,000 per share, showing down $12,630 today as I type.

How inconsiderate of Warren!!

[dealtn]

Thanks Gryf and Alaric,

Yes NXT is clothing/fashion accessories retailer. I know a little about them (more than our other investments), mother-in-law has worked there for about 15 years! They are gradually moving more and more into online, and in my naive view have a highly profitable card scheme which customers link to both online and instore sales. Plus it's a well known brand. Well if we get spare cash and we think it's worthwhile it's probably a case of a top-up not DRIP.

Matt

It's a little way off for you, and wouldn't be the reason to own the shares in the first place, but owning 100 shares entitles you to a shareholder perk of a 25% off voucher once a year too. (At the margin it's better for one person to own 100 shares, say, than for a couple to have 50 each, and similarly a couple to own 100 each rather than one with 200).

Might be relevant for others that didn't know.