and? if you can sell, it means that someone else can buy., but not FTās customersā¦it means that FT is limiting that which I think is not fair to their customers
Have you asked them? Two options come to mind either drivewealth derisked it and wonāt allow buys (donāt think this happened), or Freetrade viewed the risk and believed they have an obligation to protect customers.
Keep in mind youāre a retail investor, and thereās a whole bunch of regulation around that.
Why youād want to buy more though Iāve no idea, this is one case where āitās on saleā doesnāt apply
Iām concerned as the share price is not tracking live. It is fixed on the close price at time of delisting. Does this mean that if the share price goes up and we want to sell, it will only be at that close price of 0.08??
Since itās not longer listed there is no stock price.
You can get its current OTC price by looking up BBBYQ. Not sure what happens when you try to sell a delisted stock, I assume it gets sold via the OTC method.
Freetrade doesnāt support OTC stocks so thatās likely why thereās no data on it
FT not having even a delayed price seems odd when they will let you blindly sell.
I confirmed it yesterday through a test sell that an instant order sell on FT will trade around the current going price not the $0.08 listed (tested when OTC on other trackers showed both 0.07 and 0.10 and the order was completed at those amounts).
The FT max limit sell is also tied to that 0.08 value instead of the true value which means at a certain point if it keeps rising you wonāt be able to set limit sells.
Unfortunately my loss 