Quote Originally Posted by Snoopy View Post
A side benefit of this is that you can shunt dual listed shares from the Oz market to the NZ market at no cost and avoid bank exchange rate charges that would otherwise be incurred by selling in Australia and bringing Australian money back to NZ.
Is that to say you can buy dual-listed shares on the NZX, and then sell the same shares as their ASX equivalent - and vice-versa? What's the process for doing this, as a retail investor?

I've noticed a big difference in liquidity between NZX and ASX for the mid-cap dual-listed shares. For example, MFB was very lightly traded on the ASX before they delisted there, and spreads were huge. If you got stuck with such a holding, you might prefer to sell it on the other exchange.