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Whipsaw Glossary

Currently viewing the definition of: Gazumping
 
 
 Gazumping is where the seller accepts an offer but then accepts a new, higher offer before contracts are exchanged. The person who put in the initial offer is said to have been gazumped. 
 


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    • Penny Shares
      Shares are usually classed as penny shares if the share price is less than £1. However focus also tends to be on smaller companies, recovery stocks and technology companies.