How to Buy Shares in C.B.H Resources
- 1). Decide how you want to buy CBH Resources shares. Depending on your brokerage firm, you can buy shares of foreign companies, though the commissions are generally very high. CBH Resources is publicly traded under the symbol "CBH" in Australia. Contact your broker for individual specifics.
- 2). Purchase shares of CBH Resources by utilizing the company's pink sheet counterpart. Pink sheets provide a venue for transacting lighter volume stocks that do not meet the requirements to trade on the NASDAQ or the NYSE. Purchasing CBH Resources through the pink sheet symbol "CBRFF" can reduce your commissions. The volume on this exchange is usually light and you may pay a substantial premium to market makers through the spread.
- 3). Weigh your options. Paying a higher premium by purchasing CBH on the Australian Stock Exchange may be more cost effective than paying the spread and risking a profitable exit with the pink sheets. Consider the additional risk through exposure to foreign currency fluctuations by holding the stock on a foreign exchange. When purchasing foreign stocks, discuss options with your broker to determine if this is a wise investment for your risk profile.
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