Was it to keep the account open, similar to some airline rewards schemes requiring one transaction every (say) 18 months?
Sounds counterintuitive given brokers like retaining high net worth clients but that's all I can think of. I'm also assuming he deals with a specified broker with a shopfront presence and staff to look after individual clients, not a Commsec or nabtrade.
Was it to keep the account open, similar to some airline rewards...
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Last
$26.81 |
Change
0.810(3.12%) |
Mkt cap ! $1.139B | |||
| Open | High | Low | Value | Volume |
| $26.14 | $26.85 | $26.00 | $386.1K | 14.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17 | $26.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.85 | 437 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SNL (ASX) Chart |