DTE 0.00% 13.0¢ dart energy limited

11am open apparently. Asked ASB bank in NZ how to sell AIM...

  1. 201 Posts.
    11am open apparently.

    Asked ASB bank in NZ how to sell AIM shares.

    We will get issued a certificate with number of igas shares.

    Then the only hard/time consuming part is doing a 'transfer of custody' to a broker in NZ/AU (this is how ASB bank does it anyway), this transfer takes around a month. Basically gives NZ/AU broker the right to buy or sell the shares on AIM by a click of a button. So in an instant.

    Even if not considering selling, I recommend doing these steps anyway to allow you to buy/sell at an instant (or else will find you will have to wait weeks for transfer of custody to go through before order can be placed).

    When want to buy/sell, just ring NZ/AU broker and they put it through instantly, as per ASX.
 
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