Forum Archive Index - April 2001

["Lucille" <lucille@paradise.net.nz>]

Thank you for that message I have now found out that the best way to quit
them is to bring them back to the N.Z. exchange ( at a cost ) and then they
are saleable . (Just in case anyone else was caught like me )  Thanks for
your time ---Lucille
----- Original Message -----
From: <tennyson@caverock.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Sunday, April 08, 2001 9:57 AM
Subject: Re: [sharechat] Brierley -(Q fromLucille)


> >
> > Could some one give me some advice on Brierley I have them on the
> > Singaporean exchange as I thought that was the thing to do at the
> > time Now apparently I have to pay exchange rate to the Singaporean
> > exchange. Is this correct and how much is it?
> >
> I'm not exactly sure what you mean by 'exchange rate' in this
> context.  If you sell shares in Singapore they will be sold for
> Singapore dollars, which will have to be converted to $NZ if you
> want to spend the money here.   Usually any charges are built into
> the exchange rate the banks give you at the time.  It's no big deal.
> >
> > Can I sell them on the  web?
> >
> Probably, but whether it is worth opening an account with a specific
> broker on the web just for this, I am not sure.   you will probably
> have to ask the nominee company that holds the shares on your behalf
> (CRS Nominees Limited?)  what to do.
> >
> > I also changed some into conv. notes What has happened to them
> > I haven't heard anything. I hope someone can give me some info That
> > would be great.
> >
> Very good question.  I think that they were meant to be tradeable on
> the New Zealand market in some form.  However one of the risks noted
> in the prospectus was that no ready market may exist for them.
> Perhaps they are unsaleable? SNOOPY
>
>
> ---------------------------------
> Message sent by Snoopy
> e-mail  tennyson@caverock.net.nz
> on Pegasus Mail version 2.55
> ----------------------------------
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> bite them by accident"
>
>
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