Is there ANY way at all to bypass this ASX limit when buying a particular stock for the first time?
I read on a forum that I might be able to approach a broker by phone and see if they are willing to do it, since it's not a statutory stricture?
If it's possible to bypass the limit somehow, can someone tell me precisely how to do it? (For example: I've heard of people pooling funds to invest in real property)
I'm a first-time investor who is CONSIDERING investing in a stock that a friend has thoroughly investigated.
This friend is a day-trader with a little experience who is confident enough in this stock that it is his only long-term investment.
I am happy to risk a few hundred (with the possiblity of (learning) greater things), but not $500 at this point.
