1. Most Discussed
  2. Gainers & Losers

gold new share listed today

  1. miningnut

    5,967 posts.
    Here's an interesting concept-ASX code GOLD starts trading today-you're essentially buying a tenth of an oz of gold that will be stored in London-you pay your normal brokerage and then they charge you 0.02% per month for storage & handling(ie less than one quarter of one percent per annum)-charge doesn't start until end of Jun03-apparently if you buy say 300 shares then when you come to sell them you might only have 299 shares-that's how they get the storage charge-they should start trading around $A55 each today.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top