Forum Archive Index - May 2002

["tennyson@caverock.net.nz" <tennyson@caverock.net.nz>]

Hi russ,
 
>
>
>Could anyone tell me what the difference is between buying Telstra
>shares in NZ as opposed to Aus?
> 
>

If you are buying with $NZ then you don't have to pay the bank an 
exchange rate transaction fee if you buy in New Zealand.   Otherwise 
no difference, at least in theory.

Some people would say that it is best to own your shares in the 
market with the greatest liquidity, which in the case of Telstra 
means Australia.  But I don't think it makes much difference in this 
instance.   There is plenty of volume of Telstra being traded in New 
Zealand anyway.

SNOOPY



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