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Moneyextra.com Dictionary
Stag
An investor applying for a new issue of shares who hopesintends to sell them speedily at a substantial profit once trading starts on the stockmarket. The stag is more likely to profit and therefore be found taking part in a fixed price offer for sale in which all investors submit applications to buy at a price fixed by the issuing house . The stag is more of an endangered species in a tender issue where potential buyers are required to nominate the price they are willing to pay - the premium when trading starts is likely to be far smaller in the latter case. See Also Online share dealing service Stockmarket Centre ©Moneyextra.com Moneyextra.com recommends you take independent financial advice before acting on any article 2009-02-17 00:00:00 © Moneyextra.com