Well this is very interesting...

[Synergy]

It appears that yesterday I've managed to buy some shares above my bid price.

I had a buy in at $0.14, and I've apparently bought them at 0.15. The share price didn't even reach .14...

Anyone had this happen before?

I'm left wondering what is going to happen now - after I contact comsec on Monday.

 

[Synergy]

On looking further, although it's listed in my executed orders as having bought them, there's no contract and I don't seem to own the shares.

Very odd.

 

[TMC93]

I had this happen to me too, with Westpac Online Investing it would sometimes buy shares from two sellers and average the price, but when i looked at my contract the correct price was there. Never had shares appear that i hadn't bought before.

 

[PinguPingu]

I've noticed that commsec sometimes automatically adds your brokerage into the cost, at least on the "holdings" page and that sometimes rounds up what the buy price was - maybe that's why it's 0.15?

 

[LostMyShirt]

All brokers add in your brokerage cost to your average entry price located in your "holdings" section or "wrap" with belldirects trading platform. This is actually a great point of reference as it gives you a flat number of your entry so you don't get stung with brokerage.

I don't understand why some people still use the majour banks for trading - their brokerage charges are huge. I remember Westpac charging me $30 one way for each trade, at which point I shifted over to BellDirect which charge me $15 at max, $10 on platinum.

 

[pixel]

All brokers add in your brokerage cost to your average entry price located in your "holdings" section or "wrap" with belldirects trading platform. This is actually a great point of reference as it gives you a flat number of your entry so you don't get stung with brokerage.

I don't understand why some people still use the majour banks for trading - their brokerage charges are huge. I remember Westpac charging me $30 one way for each trade, at which point I shifted over to BellDirect which charge me $15 at max, $10 on platinum.

Westpac's $30 are history; with a Westpac CMA, $20 is the new $30.
I'm considering the complete offer, among others: How many trades can I bundle on one Contract Note? And if I trade positions above $20K, brokerage rates are usually 0.1%.

 

[Synergy]

Nothing to do with brokerage in this case.
The stock didn't get down to my buy price. It's obviously some sort of comsec system issue.