Shares question(s).

[Bojinov The Bull]

Can I buy shares in a company that isn't listed on london stock exchange? (they are Australian). Also for anybody who has some shares what site/company do they use to manage them, i'm on a site called 'Interactive Investor' (<a class="postlink" href="http://www.iii.co.uk" onclick="window.open(this.href);return false;">www.iii.co.uk</a>) which seems to be pretty good just wondering about the alternatives though.

 

[bananamilksheikh]

Australian shares are listed on the ASX (Australian Securities Exchange)
The company would need to be listed ie. a public company.
You can use a UK broker or go direct to an Aussie broker. You will need to deal in Australian dollars so there will be an exchange risk as well as the investment risk.

 

[NathanC]

May I ask what Australian Company?

 

[Sun Jihai's ghost]

You can buy shares on the ASX through TD Waterhouse for £12.95 per trade. There are others brokers that allow you to do it as well but most are a complete ballache to set up an account. With TD Waterhouse you can transfer funds on a debit card and start trading within a few hours.

Which company are you thinking about investing in?

 

[Bojinov The Bull]

You can buy shares on the ASX through TD Waterhouse for £12.95 per trade. There are others brokers that allow you to do it as well but most are a complete ballache to set up an account. With TD Waterhouse you can transfer funds on a debit card and start trading within a few hours.

Which company are you thinking about investing in?

Cheers for the info, i'll look into TD Waterhouse it sounds good. The company is Kip McGrath (KME.AX).

 

[Sun Jihai's ghost]

Wow that is one speculative stock, good luck.

I Just checked my TD Waterhouse account , you can trade KME through TDW no problem (some brokers wont let you buy stocks with such a low liquidity.)

 

[Bojinov The Bull]

Wow that is one speculative stock, good luck.

I Just checked my TD Waterhouse account , you can trade KME through TDW no problem (some brokers wont let you buy stocks with such a low liquidity.)

Ye it is lol, I have some family who own a franchise in it though and its definitely worth a punt, there is no chance of them going bust and they've recently had a large investment in them with the possibility of a future takeover.