I sent Bell Direct an email saying I would like to apply for this IPO, they replied asking me how much would I like, I stated X amount.
Now I get a call from them saying I must deposit the x amount of money for the IPO, I said what if i'm no longer interested, they said I have to pay up or they will sell my other shares in my account?
I have applied with them for IPO's such as Asaleo Care, medibank etc; Comsec for Genworth, Medibank etc & Westpac invest for some bonds.
In all case I was given an BPay details to pay my funds and If I don't want to proceed, I just don't pay. Nothing like this.
This time they didn't send me bpay details just debit my trading account, which is now -$ x amount.
