I have a holding in a company, and I'm planning to sell it. I am thinking of keeping a small amount to remain eligible for any SPPs they offer in the future. As I see it, my options are:
a) Sell all the shares.
b) Leave myself holding a single share.
c) Leave myself with a bit over $500 worth of it.
If I take option b, what are the consequences? Obviously I will have a hard time getting rid of it, and it will take just as much administrative burden as a bigger holding. Will I get treated weirdly by the share registry or company? Can they compulsorily acquire it? Will my broker or the ASX stop me from doing it?
If I try for option c, and it drops below $500, what are my options?