re research note8 Jun 2014 15:07
I looked for you ORPHAN-funny I found you here a company I have thought about many times. Anyway MML bb now gone, but I would like to share info on that problem with you. Mine are with charles stanley, who are out of their depth and never b4 dealt in overseas securities but are amazingly by coincidence? now starting. like you I am happy for things to stay as they are but they are wanting to charge me a pretty penny by transferring mml to an overseas custodian. I do not believe there is any need or reason to do this but did your brokers come up with this idea also ?
CS fees for dealing MML are LUDICROUS, and i don`t want telephone dealing anyway,and they are telling me I have no choice !!! I feel sure I can simply transfer the shares to another and better broker. Trying to find out from Saxo if they can accept them. Since I bought some other aussie mining shares online from them recently -I cannot see why there should be a problem. This is a real pain and with hindsight, selling out on the original news would have been a VERY smart move. Still you live and learn hopefully.