Hi All,
I trade via Westpac.
Bought some OBJ shares on 27-11-2009. Settlement for purchase was the 02-12-2009.
Sold the OBJ shares on 30-11-2009. Settlement for sale was the 03-12-2009.
I was expecting to receive the difference between the purchase and sale today (03-12-2009).
NOTE: On the 30-11-2009, I was high on my windfall and decided to purchase shares in MEL. Settlement for purchase was 03-12-2009. I sold these shares on the 01-12-2009 for another nice little earner. Settlement for sale was 04-12-2009.
Westpac advises that credit to my savings acct for both sales will be on the 04-12-2009.
This seems a little silly to me cause to settle, you basically have to wait(and not trade) for 3 days.
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Hi All,I trade via Westpac.Bought some OBJ shares on 27-11-2009....
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