Barramundi ( BRM )

[Monarch]

Gotcha. I transferred mine out of Sharesies some time ago, so they are recorded with Computershare only. Not using a traditional broker. If I ever want to sell any I just transfer back into Sharesies for $5, and sell through them. Not that I plan on selling anything.

I think the 5 dollar fee is only for transferring out of sharesies, back in is free.

[nztx]

I think the 5 dollar fee is only for transferring out of sharesies, back in is free.

Sounds correct - from Sharesies:

You can transfer shares in NZX listed investments in and out of Sharesies. It’s free to transfer in, and $5 NZD per investment to transfer out.

[justakiwi]

Wow. I did not know that! Even better then

Sharesies is far from perfect (still no DRP!) but I have to say, they are proving to be an incredibly useful tool for me. I use them to buy, and when I have accumulated X amount of whatever holding, I transfer out so I can take advantage of DRP if its offered, have my shares under my CSN, and vote at shareholder meetings etc. Being able to transfer in at no cost, makes it very cheap if I ever wish to sell. Plus, Sharesies confirmed that you can transfer in just a portion of a holding - I was concerned I might have to transfer the full balance over, but I don't.

So all in all, a very cheap way to sell, should I ever want to.

I think the 5 dollar fee is only for transferring out of sharesies, back in is free.

[Sideshow Bob]

Barramundi Monthly Update - June 2022 (nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com)

29% Premium to NTA

[Beagle]

Barramundi Monthly Update - June 2022 (nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com)

29% Premium to NTA

For an investment fund that's underperformed the index by more than 10% in the last year, WOW !

[Sideshow Bob]

Premium down to 22.1%....

Barramundi Quarter Update Newsletter June 2022 (nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com)

[waikare]

Challenging year for Barramundi
22/8/2022, 5:14 pm FLLYR
Results for announcement to the market
Name of issuer Barramundi Limited
Reporting Period 12 months to 30 June 2022
Previous Reporting Period 12 months to 30 June 2021
Currency NZ$

Amount (000s) Percentage change
(Loss)/Revenue from continuing operations (32,631) (157%)
Total (Loss)/Revenue (32,631) (157%)
Net (loss)/profit from continuing operations (34,645) (166%)
Total net (loss)/profit (34,645) (166%)

Interim/Final Dividend
Amount per Quoted Equity Security $NZ 1.36 cents per share
Imputed amount per Quoted Equity Security $NZ 0.00012630
Record Date 8 September 2022
Dividend Payment Date 23 September 2022
Current period Prior comparable period
Net tangible assets per Quoted Equity Security $0.64 $0.87

[Sideshow Bob]

https://www.nzx.com/announcements/409894

Barramundi warrants exercise price $0.83. Current price is $0.70.

You know there will be some exercised......

[Sideshow Bob]

Hopefully the brokers are able to advise 70c < 83c so better to buy on market.....

https://www.nzx.com/announcements/409896

Barramundi Limited (“Barramundi” or “the company”) would like to advise brokers that it offers a broker handling fee in respect of the exercise of Barramundi warrants (“BRMWG”).
The exercise date is 26 May 2023, and the exercise price is $0.83.
Barramundi recognises there is an administration cost and time involved in the warrant exercise process for brokers and, as such, pays brokers 0.4% of the total consideration payable for warrants exercised per beneficial holder.
The company would also like to remind brokers that it has a long-term quarterly dividend policy whereby it pays 2% of average net asset value each quarter. All shares allotted upon the exercise of warrants on 31 May 2023 will be eligible for all future dividend payments, from June 2023 onwards.

[peat]

its a tricky decision!.
just as well they were freebies.