I received my MEGA share certificate last night at last, and I just called Macquarie Bank to find out how much it will cost to sell them. I was quoted $500 US dollars flat fee, $654 AUD, plus there is a tax by the Canadian Government. This is only if I can get the shares transferred across electronically onto an account set up in my name at Macquarie Bank.
This is a lot of money! COMSEC want more but they will sell them on the certificate. Are there any other options?
I am not happy that I converted them across. I could have gotten 29 cents for them on Melbourne cup day and not had the additional international brokerage expense.
MEGA fell again last night.
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