CDL canada land limited

minimum purchase question

  1. 566 Posts.
    In the last week there have been two sales of 130 shares in CDL - one sale at 0.058 and today at 0.08.

    Commsec requires my minimum purchase to amount to $500. Is this an ASX requirement too?

    My interpretation is that the purchase of a trivial 130 shares is an attempt to stuff up serious purchasers into having to pay brokerage.

    Any other explanations?
 
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