My understanding is that you can buy a minimum of $500 worth
and also allowed to retain a minimum of $500 worth when selling
part of the holdings.
For example if one wants to sell CBA and wants to keep a small number
of units -to avoid filling registry forms when buying again- the minimal
number of units to retain must be worth $500.
Say, total holding CBA of 1000units ----- selling 880 and retaining just 20 units
@ current value of $30 = $600 (minimum value required $500).
Later on these 20 can be sold at any price, but the buyer's order
must be of a minimum value of $500.
- Forums
- ASX - General
- what is a legal marketable parcel
My understanding is that you can buy a minimum of $500 worthand...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries