RNE 11.1% 0.4¢ renu energy limited

Whoa! Steady on their Tawnyport. With regard to using the credit...

  1. 359 Posts.
    Whoa! Steady on their Tawnyport. With regard to using the credit card to help exercising options. What I was suggesting to Bernard1138 was, if he was short of the necessary readies to exercise his 1666 options he could make a cash withdrawal against his credit card, deposit that cash into his cheque a/c and send it off that way.

    When he had the shares available in his brokers a/c he would sell those and pay back the 'borrowed' money into his credit a/c.

    For God's sake I don't encourage anyone to obtain lots of credit cards and run around maxing them out on the markets.

    Does my suggestion above sound OK to you now tawny in light of this clarification?

    geojac
 
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