Forum Archive Index - May 2002

["Russ Holmes" <russholmes@xtra.co.nz>]

Thanks,

Next question...anyone have opinions on where they're going?  We're down in
the 2 year low territory now..any chartists see a bottom in sight?


Russ

-----Original Message-----
From: sharechat-owner@sharechat.co.nz
[mailto:sharechat-owner@sharechat.co.nz]On Behalf Of
tennyson@caverock.net.nz
Sent: Wednesday, 22 May 2002 11:24 a.m.
To: sharechat@sharechat.co.nz
Subject: Re: [sharechat] Telstra NZ v. AUS


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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