Report
Mathew Hodge
EUR 147.86 For Business Accounts Only

Corporate Action: South32 Small Shareholding Sale Facility

South32 has established a small shareholding sale facility for shareholders with holdings worth less than AUD 500. The small shareholder benefits from exiting a small parcel of shares without paying any brokerage or handling charges as these costs can often be at least 4% of the total value of the shareholding. This holds true for South32’s small shareholder sale facility. Participation in the small shareholder sale facility is compulsory, unless a share retention form is submitted. Nevertheless...
Underlying
South32 Ltd.

South32 is engaged in mining and metal production from a portfolio of assets for the commodities of alumina, aluminium, bauxite, energy and metallurgical coal, manganese ore, manganese alloy, nickel, silver, lead and zinc. As of June 30 2016, Co. operated 10 segments, which were comprised of: Worsley Alumina, South Africa Aluminium, Brazil Alumina, Mozal Aluminium, South Africa Energy Coal, Illawarra Metallurgical Coal, Australia Manganese, South Africa Manganese, Cerro Matoso, and Cannington.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Mathew Hodge

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