Selling shares
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Simcountry is an Online Digital World where you are the President of a country. |
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Selling shares
Selling shares can be done at market price or by specifying a limit. Selling at market price means that the shares will be sold at the best price possible. The price is generally the market price but it may be lowered by ongoing sell transactions and end up a little lower. It may be higher if many buy orders where entered just before the transaction. There is no minimum price guarantee but the trading function never allows for prices to decline by more than 5% per game month.
If there are no buyers for the shares, they will remain unsold. Share offers are retracted automatically if the shares are not sold within 4 game months.
The seller can also specify an ask price. This means that the shares will not be sold under that specified price. They will be sold against the best price available but never under the ask limit. The offer may remain unsold for up to four game months and will be retracted automatically if the shares remain unsold.
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