MYG 0.61% 83.0¢ mayfield group holdings limited

question ownership of shares

  1. 459 Posts.
    I refer to the 'back and forth' on Jim Sinclair's site Mineset where there is much in the way of banter about ownership of shares.

    Share purchases are a relatively new thing for my, but I've been bying PM's for years.

    My question is, "Who owns my shares" in the case we have a financial melt-down.

    I pay for my shares to the bank (Westpac), but do get the share certificates after a time from CHESS Sponsor.

    Is there even a slim chance that I, and of course many others, may end up like MFGlobal customers?

    Many thanks...

    PM stacker
 
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