(Sorry for double submit) Response was from message centre re WTP. Sure there is profit on the existing shares but do you suggest not to try to apply for $15k offers and laugh it off? I guess you have sold all your shares on IB and moved back to commsuc immediatley ;)
Latest today from IB is the lucrative WATPAC offer is not available through them and also the easy money BKW is a one parcel slice-up. Very wierd.
May be company by company and yet the same "Computershare" handler can have 3 different results. (can do, can do a bit, can not do):rolleyes...
Further to IB SPP limitations -
I have spoken with a compliance adviser within the ASX, and they have informed me that -
"Interactive Brokers are not a direct participant of the ASX Group. They trade through Timber Hill (and are the parent company of Timber Hill). Additionally, Share...
That is what I have been experiencing. Perhaps "Steve" from Interactive Brokers can educate us. This a major limitation in this platform.
I restate that the literature from IB says it is our share "custodian".
Literature and discussion with Ozzie companies doing SPP such as NAB, MQG etc. etc...
Has anyone discovered why IB as a "custodial" "depository" and "agent" cannot claim the full list of "beneficiaries" (clients) who notify IB that they want to take the offer.
All I can get from the message centre is "IB just get one parcel that is shared".
The companies with Share Offers...
I have had plenty of disappontment with IB on share offers. They scale back on most of them saying that IB just gets a package that must be shared by their customers. That is I order $15,000 and get maybe $3,000 this hurts when it's something like Macqaurie Bank. :2twocents Last effort was i...
Firstly thanks to IB for great frequent trader pricing.
Next,
I have recently reuested the full $15,000 in shares offered for the capital raising by Macquarie Bank (MQG).
I finally only received $3,000 worth of shares and am told by IB that there was a scaleback! This cost me about $8,000...
hi guys,
I have some rio shares - say 100
Please correct me where posible --
Shares just before announcement were $65 ------------ $6500
Taking up the 50% extra new shares 50 at $28 costs----$1400
Total cost -----------------------------------------$7900
Shares after capital...
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