NCK 0.14% $14.55 nick scali limited

Its interesting how transaction costs and brokerage savings are...

  1. 215 Posts.
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    Its interesting how transaction costs and brokerage savings are still emphasised in marketing material for these sort of placements....."for up toA$30,000 of new fully paid ordinary shares to be issued under the SPP ("SPP Shares") free of anybrokerage, commission and transaction costs"

    Total transactions costs for me to buy $30,000 worth of shares is $3....less than a coffee haha but thanks anyway.

    Im a holder, have been 3 years. The Livewire podcast with Anthony was worth a listen, he briefly discussed the UK market and from memory alluded to the less prominent role he would play going forward.
    Ill need to go back and listen to that agin and read all the material before making a firm opinion.
    This is a low capital play with potentially very large upside, the worrier in me draws an analogy to a different industry of the Aussie gold miners acquiring Canadian Gold mines and applying their existing skill set expecting immediate success (St Barbara and Evolution im looking at you).
    However, If I was going to back a retail team to achieve success, it would be the Nick Scali team, maybe JBH in that bracket too.
 
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