Ann: DTC Election process, page-114

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alexshel

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09/11/23

18:14

Post #: 70816836
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Originally posted by pJo9999: ↑

FYI - I've just had my shares restricted on IBKR because they're a micro-cap (apparently). I've answered a questionnaire and sent them all my commsec trade notifications and chess statements - hopefully resolved soon. It sounds like others have already been down this path - did they unblock them?

I feel like the stupidest man alive - I could have been shot of the whole thing at $110 two days ago and I hesitated....

For those asking about transferring money out of IBKR into Wise or AU accounts - transfer into AU accounts is dead easy - just BSB and Acct#. When you sell shares the money appears instantly in your IBKR account, and you can exchange it to AUD instantly. You can also transfer it out instantly, but it will be delayed two days until settlement of the trade.

I have not tried transferring money to Wise, but I would expect it to be similarly easy. Note that if you want to hold USD all good, but if you're planning to use Wise for forex, look carefully at what you would get on both platforms - I found the forex on IBKR cheaper than Wise.

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This is weird. I can see you could already sell part of your CREV shares via IB and now suddenly they restricted this. Please keep us updated.

CBR Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
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Ann: DTC Election process, page-114

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