WHAT’S A SHARE?
Have you ever dreamed of owning your own company?
You might struggle to scrape together the casual $2 billion needed to buy Trade Me.
But chances are you’ve got a $5 note and a 20c coin in your piggy bank.
That’s how much it would cost to buy the smallest possible stake in the company-a single ‘share’.
Trade Me is divided into precisely 396,017,568 bits, so even if you bought 400 of them, you’d still only own roughly one-millionth stake in the entire business.
It doesn’t sound like much, but it means you get to have a say in the way the company’s run. More importantly, you also get a cut of the profits.
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