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17 Dec 2017(latest close)



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Selling your shares

 

Selling is simple, knowing when to, is tough.

 

The act of selling:

To sell your shares, you will need to contact your sharebroker or financial adviser. If you do not have a broker, you can obtain details of brokers in your area here.

You will need to have your CSN or Holder Number, and your FIN when you place your order to sell your shares.

If you have no current broking account and no intention of acquiring other shares, a one-off sale can be made. You can talk to any broker and provide them with the relevant numbers, photo I.D. and bank account details and the transaction can be completed.

 

When to sell 

Consider these points:

  1.  The old industry adage that says you sell shares only if you need the money or if your company has changed for the worse. 
  2.  It may not be a good idea to sell shares just because they have performed well (and by the same token retain those that have performed badly).
  3.  Do your homework on the company, on the market and on the sector and above all make your decision objectively based on the company's prospects.
  4.  Take account of the impact of taxation if that is relevant and significant.

 

 

 

 

 

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Thank you for the wonderful service you provide through your website. I've had the pleasure of selling a parcel of shares: easy, efficient, and very cost-effective. And I especially like the super-easy way your site allows me to chase up companies' various name changes, and so remain up-to-date.
I Brandli, Coffs Harbour NSW


…out of all the exchanges that I do research for, your particular web site makes finding information so easy. I wish the rest of the world would follow your footsteps. Reuters


Thank you so much for assisting with this. I contacted the registry today and they did confirm there are …… shares [value: $42,000] in my sister’s name. I have put ......... in contact with them so she can update her address and will thereafter be able to claim the dividends [value: $3764] and sell her shares if she chooses. We really appreciate your help, this money will be of huge assistance to ..... What a fantastic service you provide.