Off market transfer is as easy as filling in a form (usually available from your brokers website). Email it off and your done. Brokering firm I.e comsec, cmc etc do the rest. Your brother needs a brokerage account opened for them to be transferred into. As easy as that. Ive done it several times. Regarding tax implications your account can advise.
you nominate yourself on the form the shares value. It's up to you. You could sell 100 000 shares for $1 or $1000 or 0.
Off market transfer is as easy as filling in a form (usually...
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 (20min delay)
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Last
9.8¢ |
Change
-0.007(6.67%) |
Mkt cap ! $210.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.8¢ | $6.405M | 65.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1644860 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2435187 | 25 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CXO (ASX) Chart |