"When I buy an international share (using Commsec) I get an electronic piece of paper indicating it is indeed a real share."
I actually never bought an international share. So I have no idea what paper you have. But I asked a Nabtrade officer whether I would actually buy an international share or a derivative of the international share if/when I did but one. And he said I would actually buy the derivative of the international share which is commonly called depositary reciept or note.
From @stanroc's reply to my question, I am convinced that the info I got from that Nabtrade officer is correct. @stanroc said that he converted the depositary receipts to shares if he wanted to keep it long term.
So if you want to know the truth, I suggest that you call Commsec to get the clarification. And please tell me if I am wrong.
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