I am in this boat. I have less than $500 of value from 1/20th of my MEP Shares and thus CommCec won't allow me to transfer over.
"Stock transfers below $500 can't be processed. Regulations prohibit transfers of shares valued below $500 unless you already have existing holdings of the stock."
So do I have 2 options here?
1. Buy $500 + dollars worth of shares in DRM and then transfer the rest across.
2. Wait for my holdings to surpass $500 in value and then transfer my holdings across?
DRM Price at posting:
25.0¢ Sentiment: None Disclosure: Held
