Ultimately the client owns the stock and can change brokers through a nomination form or can go back to a direct HIN. It’s a hassle and dealing with registries is always a pain the @&;...
There are example of brokers going bust - BBY in recent times - refer http://mobile.abc.net.au/news/2015-05-19/bby-administration-leaves-brokers-high-and-dry/6481832
In this example it became a disaster for some clients and new legislation and rulings were introduced to avail more client protection. I would not want to be a client in that position though to have to test those new rules.
Here’s another link which covers this part of the saga- https://www.google.ca/amp/s/amp.smh...irmish-to-retrieve-funds-20160322-gnohot.html
- Forums
- ASX - By Stock
- SWF
- News: SWF Selfwealth Posts FY Loss Attributable $5.3 Mln
News: SWF Selfwealth Posts FY Loss Attributable $5.3 Mln, page-8
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SWF (ASX) to my watchlist
(20min delay)
|
|||||
Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.80M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 12.0¢ | $50.48K | 420.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 317784 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 229212 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 317784 | 0.115 |
1 | 90900 | 0.110 |
5 | 338026 | 0.105 |
3 | 55900 | 0.100 |
1 | 60000 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 229212 | 6 |
0.130 | 272339 | 6 |
0.135 | 146722 | 8 |
0.140 | 513819 | 12 |
0.145 | 1058651 | 5 |
Last trade - 15.51pm 18/10/2024 (20 minute delay) ? |
Featured News
SWF (ASX) Chart |