Hi,
I have about 3000 worth of shares in an Australian bank (following various demutualisations and mergers) which I'd like to cash in. I haven't done anything but cash in a few Abbey shares before...
Hardly any online brokers seem to cover the ASX market, just UK/US. And very few seem to want one off trades.
I did try a while ago and found one of the big names (Barclays I think) who said they'd do it for 100 or so, but they never actually sent me the forms to open the account...
So what are your recommendations for selling these shares? I have an electronic certificate for them.
A possible route: I have a stepsister who recently emigrated to Australia. She could possibly do it if I gave them to her and send (most of) the money back, but I have a feeling I'd fall foul of all sorts of nasty tax and money laundering issues... I'd rather find a UK broker to handle it!
Looking forward to your replies
Paul