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ASX sends shareholders millions of worthless letters a year resulting in ‘staggering waste’ – ABC News

After decades of complaints, the ASX is close to implementing an email-based system that will prevent hundreds of tonnes of worthless letters…

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For new day trader Will Bennett, the flood started slowly.
Key points:

  • People receive at least two physical letters when they buy or sell a stock
  • It is difficult to opt to receive the information electronically
  • After decades of complaints, a new system should…

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