Morning Guys,
N00bmaster - no, not just semantics. The custodian (Citi) won't let E*Trade clients exercise warrants or transfer ownership (if unlisted). These are thus worthless in investors hands.
Another issue with the E*Trade international platform is that funds cannot remain in an offshore currency. For example, if I wanted to sell a CAD denominated investment and then buy another CAD denominated investment the funds would go from CAD --> AUD --> CAD and E*Trade (read ANZ) rip your face off with the fx.
FBX258, I am also in the process of setting up a Sprott account thanks to our mutual friend putting me in contact with the same Sprott Global contact (thanks).
I see it's not just silver manipulation that Deutsche Bank have admitted to. This morning they have also admitted to manipulating the gold price - what a surprise. And what will investors, who lost money on this, receive? Zip.
http://www.zerohedge.com/news/2016-...its-it-also-rigged-gold-prices-legal-settleme
Perhaps an industry group, such as all the ASX listed gold miners should investigate a class action in due course.
Cheers
John
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$2.50 |
Change
-0.080(3.10%) |
Mkt cap ! $3.439B | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.59 | $2.48 | $20.35M | 8.067M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 42141 | $2.50 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 39467 | 4 |
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