OK the answer as to why the Z1P shares won't be sold today.
It takes 24 hours after the shares appear in the broker account before OnMarket can action the trades to sell the shares due, one can only assume, to the antiquated technology (batch processing) used in the IB platform.
Despite the inferrance in the PDS, the sale process using the IB algorithm is not only not automatic it also needs to be manually monitored so as not to impact the market.
So to conclude we're paying ridiculously high broker fees for an algorithm that isn't automated running on sh*t techonology.
We can only hope the Z1P holds up until the shares do eventually get sold on Monday.
