Now we have the option,
ASX makes money from sending these statements in the post.
ASX charges companies $1.25 for every "CHESS holding statement" sent out to investors, who receive them even if they quickly sell shares bought.
ASX will forgo some of the $24 million in annual revenue it makes from mailing paper statements every time a stock is bought or sold when electronic statements become available later this year.
date Aug 24, 2020
I wonder what the new charge will be? $1.00
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