LNC 0.00% 99.5¢ linc energy ltd

spinoffs/splits/sgx - ramifications to share/h

  1. 1,944 Posts.
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    I don't really mind the move to SGX as anything that slows down the (IMO) ridiculous small bot trading on the ASX and may bring less volatility, gets my vote. IMO the ASX could do well to take a leaf or two out of the SGX's operating procedures.

    For Commsec holders FAQ's are here
    http://www.comsec.com.au/LearningCentre/InternationalFAQs.htm

    As a long term holder though, I will not have to open an account until I wish to trade, otherwise an inactivity $65 yearly fee will apply. Broker rates of $95-$130 though are significant to small short term or daily traders.

    As for any company splits/spinoffs, I'd be interested to hear what pro's/con's people may think of that in relation to what benefits, procedures or costs that such may occur to present shareholders?
 
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