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Kaspar
30-09-2013, 03:00 PM
Hi, what are the advantages of buying a stock like AFI on the NZX instead of the ASX? My first thought is the liquidity isn't as good as ASX but it's sufficient for small investors.

born2invest
01-10-2013, 10:10 AM
Hi, what are the advantages of buying a stock like AFI on the NZX instead of the ASX? My first thought is the liquidity isn't as good as ASX but it's sufficient for small investors.

- Exchange rate movement
- Exchange rate commission by your broker

macduffy
01-10-2013, 03:14 PM
IMO, it depends very much on the company involved - only a few have sufficient liquidity on the NZX for (my) comfort. In theory, one should be able to arbitrage inefficiencies between the two markets but the "thinness" of most Aussie stocks on the NZX makes this problematic. At least, in my experience.

:mellow:

audiav
03-09-2022, 04:00 PM
Any thoughts on buying AFI on NZX vs ASX as part of exposure to Australian shares? Excluding exchange rate movements, do others include AFI in their investments?