Sorry I should have said top 50 , they were there once but not now, forget the penny dreadfulls , not forgetting Feltex !!!!!
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Don't be dramatic. Listed at $3.50 - simple Google search, and literally outlined in the first few pages of this thread.
Am I missing something here? Are "clients of discount brokerage firms" somehow second class investors?
Personally, I use Jarden/Direct Broking because (a) they are linked to my bank, ANZ and (b) I prefer paying 0.2% per trade instead of the 1%+ I was paying at Forsyth Barr (daylight robbery, if you ask me).
So, seriously, what am I missing here? I'm keen to know.
[PS. Jarden/Direct Broking notify clients of every offer, NZX notice and corporate announcement. Just sayin'. :cool:]
Yes, discount clients pay discounted brokerage and receive discount service.Quote:
Am I missing something here? Are "clients of discount brokerage firms" somehow second class investors?
;)
I reckon I've saved about $20,000 in 6 months. That must have been some premier service I'm missing out on, to be worth that much.
Meanwhile, my TD Ameritrade fees for trading the US markets have dropped to almost zero. No premier, hand-holding service there either, I guess.
I am a longstanding Direct Broking client and I didn't get notified of the SPP for ZEL. Where did you see it? I am wondering if I have fallen off a mailing list. I would have preferred a firm allocation to fighting over it in the retail offer and having money tied up for a couple of weeks.
I personally dont understand the logic behind NOT applying for the wage subsidy. They were clearly negatively impacted, well above the 30% required.
I can't see much public backlash for applying for the subsidy, especially when they are having to do a cap raise.
Meanwhile, they're asking for help in other ways...
Z Energy puts biofuel plant to sleep, asks for Govt money
https://www.stuff.co.nz/environment/...for-govt-money
I received 5 emails from Direct Broking at 0905 on Monday morning, relaying the various notices on the Halt, Placement, SPP, etc. There was also a warning banner on the Direct Broking website when you logged on, saying something like, 'If interested in the ZEL placement, call our brokers on 0800 xxx xxx". My one complaint is the midday deadline (an unseemly rush?), which I missed mention of anywhere. But then I didn't chase it as I'd already decided on waiting for the SPP and a possible lower price.
So yes, I would check your contact settings and/or give them a call and ask whatsup?
May not have been a 'firm' allocation anyway. The Placement notes talked of "...existing shareholders(including those participating through a broker) will be given priority to obtaining a prorata allocation in the Placement".
Thanks for that. I definitely need to check my settings.
I was logged in but maybe I ignored the banner. So many websites have Covid-19 alerts at the top of the screen that i barely notice these days. Coulda shoulda woulda. And the truth is I am still assessing the long term value. If the budget announcement is everything going electric it's not going to look too flash :)
EDIT - I checked and can't even see where to sign up for the newsletter! Must be an IQ test