This is not correct. In order to be a SI you need to have net assets of 2.5m or income of over 250k for the last 2 years. Accountants need to provide a certificate confirming this. If brokers are offering this offer to their clients without verifying they are are an SI then they are breaching ASIC regulations.
Ann.out, page-36
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Last
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $512.8M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.5¢ | 25.5¢ | $2.329M | 8.980M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 1006680 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 609513 | 9 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |