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17/09/18
15:54
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Originally posted by Brunzy88
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So if anyone is wondering what happens now with your shares this is what you do:
As soon as 1PG gets listed on the Toronto exchange (TSX) most likely, they will send you their equivalent of a chess holding that we get over here on th ASX.
You will need to activate international securities trading account on your trading platform, most people will have Commsec.
I have ANZ so mine is called global shares its not another account it just allows you to trade on overseas exchanges.
From there once the TSX has sent out your share certificate for your share holding whatever they call it, you simply send that to your broker mine being ANZ along with the appropriate form which you can ask for at your broker mine is an "International Securities Tranfer Form"
And thats it, from there it will just appear in your regular portfolio. Minimum trades are $2000 for international plus brokerage. Brokerage includes currency transfer as well I beleive.
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Thanks for that info., I will be holding my parcel about $10k worth to see how this all plays out.
I was going to sell but what is happening ATM is that medical cannabis stocks are quite hot so turns out it's a good sector to be in.