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What's a Weighted Moving Average ?

To smooth out the effects of abnormal sales, the WMA takes account of the price and volume of a string of recent trades. It minimises the effect of a single high/low price or the sale of a handful of shares at an abnormal price.

What is Insider Trading - and what are the rules?

InsiderTtrading is when the partners in a company (let's call them the Board of Directors) trade between themselves to inflate the company's share price.
Worse still is when the Company Secretary trades directly with himself/herself in their role as Trader.
The rule is that when this kind of trading occurs (and it shows up immediately on the System's Transaction Log), the perpetrator's trading rights will be suspended and the shares returned to the vendor - without any adjustment to the Trader's cash balance.
And because the Board is directly responsible for the actions of its officers, the trading rights of the entire Board will be suspended if the Company Secretary is the perpetrator.
The period of suspension will be 7 days.

How do I buy shares?

1. Click on the Trader button
2. Login using your UserID and Password. This will take you to your Portfolio page.
3. Alongside 'Your live bids', you'll see a 'New Bid' link that will open the Listings page
4. For any Listing, you can view more information by clicking the Listing code.
5. The Detail page provides a link to the listing's Market page
6. For any Listing, you can click straight through to the Market page via the 'Trading Board' link.
The Trading Board shows the shares on Offer, the Bids that are in the system - and completed Sales.
7. A Buyer has three options:
... to Buy as offered, ie number and price. Click Buy.
... to Counter with a different price. Click Counter.
... to lodge a Bid for a different number at a different price. Click New bid (Shares).
8. The Bid is then listed on the Trading Board. It's then up to a seller to Accept the bid.
9. If the Bid is accepted, the shares will appear as a new holding in your Portfolio - and cash will be transferred to the Seller.

How do I sell shares?

1. Login as above.
2. Alongside one of your blocks of shares held, click Offer for Sale.
3. You'll be asked to nominate your asking pricefor that entire block.
... (you can check the market by clicking View History)
4. Your Offer will then appear on the Trading Board. It's then up to a Buyer to take up your offering.
5. If the Offer is accepted, it will disapper from your Holdings - and your cash will increase ...

What does the 'Owner' do?

For security reasons, only the designated Company Secretary or 'Owner' has the authority to Offer shares or Accept bids, via iniPunt, on behalf of the the Listing - after full and frank discussions with the Board ...
The Owner is the administrator of the share registry - on behalf of its owners.

How does a business get the best price for its IPO?

1. Decide how much is needed - and calculate the minimum price at which the shares need to sell.
2. Offer a small number of shares at that price - or maybe a little bit more. Test the market.
3. If they don't sell, either withdraw the offer and put them up again at a lower price - or promote the offer harder, with more information, until they do sell ... at the best price the market will stand.
4. Once they do sell, use your judgment about the next release. They don't all have to go at once and the business might as well profit from any upward movement in the market.
5. Keep releasing promotional material. You owe it to your shareholders!

How does a business get investment information to Traders?

1. Release a stream of downloadables for the business's Announcements page. Send them to info@iniPax.com for uploading (try and keep them under 100k).
2. Downloadables can be press reprints, financial statements, reports to shareholders, good news stories, contracts achieved.
3. Keep watching the Feedback log; use Feedback for short, sharp announcements.

How does a Trader get investment information?

1. Check the iniPunt site for the downloads behind each business: download from the business's Detail page or downloads from the Announcements page.
2. Checkout the Feedback on the Announcements page - and provide your own Feedback on what you want ...

How does a Trader get the share price to rise?

1. Keep pushing the company's Shareholder Relations Manager to release more good news about the company's prospects.