Annual Buy Call Competition Rules


- For an entry to be valid, it must be received by 16:35GMT on Friday 8th January 2016.

- The Display Name may either be your real name, a pseudonym, or if you have entered via Twitter, your Twitter username

- Price appreciation will be the method of comparison

- The Ask Price will be used for the start price; the Bid Price will be used the final end-of-year price. Where it is possible to purchase within the defined spread, the last trade price will be used where appropriate

- The table is automatically updated every few minutes using Google Finance to provide quotes. However, Google Finance provides the price of the last trade, hence for illiquid stocks the shown price may deviate significantly from the mid-price. However, at the end of the year, I will manually enter the most appropriate price to ensure no actual disadvantage

- There are no prizes aside from the kudos of outperforming peers!

- The 'Random Choices' basket represents the average performance obtained should 5 randomly chosen stocks from across the London Stock Exchange have been invested in at the start of the year. These randomly chosen stocks are Grafton Group (LSE:GFTU), Severfield (LSE:SFR), Ebiquity (LSE:EBQ), Sprue Aegis Group (LSE:SPRP), Northgate (LSE:NTG)

- Should a share be suspended or delisted, an appropriate method of valuation for the shares will be used to be determined at my discretion. If a company is taken over or merges with another company for cash, the cash value per share will be the final price. If taken over for equity, the cash equivalent of the equity will be used for the final price, as appropriate

- Company choices must be unique, so choices already entered into the table cannot be chosen in another entry. However, choices from within the 'Random Choices' basket may be used

- If a company undertakes a stock split or rights issue, the share price will be adjusted for appropriately