Ann: OZL: OZ Minerals extends its Offer for Avanco, page-187

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Fishinnick

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31/05/18

07:48

Post #: 33391165
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Originally posted by Max5000 ↑

So what do you plan on doing with your AVB shares? Oh, that's right, you don't own any and you never did.

So you're back to being a butcher again? I thought you gave it away and just worked one day a week to help out a friend. You became a trader because the money was better, except you don't know how much brokerage costs?

“Oh what a tangled web we weave, when first we practice to deceive” - Sir Walter Scott

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I'm not lying Max. Most of my trades cost me $25, i don't have enough money to buy in 170k blocks, especially on a speccy.

Originally posted by farlap ↑

ANZ Securities ( NZ) charge $29 1st $30,000 of trade and then 0.30% for balance. If I was to sell a couple million AVB @17c I would be far better off to sell in 175,000 blocks( $29,750), $29 brokerage each time., rather than dump the whole at once.

I would save several $hundy in brokerage, so IMO it's complete ignorance not to be savvy with your costs.

And, another bonus ? by placing 175000 blocks, in this instance, you have the chance of getting 17.25c / 17.50c for some of your orders, if you wait for the opportunity which appears from time to time ? ..rather than 17c for the whole, ? which makes a big difference to the bottom line.

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Yeh i am a bit ignorant with it but in Oz its staggered so no need to worry about it imo. They get at you over there don't they? Why wouldn't you have an Oz ANZ account, is the Tax setup better over there?

AVB Price at posting: 17.0¢ Sentiment: Sell Disclosure: Not Held
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Ann: OZL: OZ Minerals extends its Offer for Avanco, page-187

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Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

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