Yes you can do that as it will be your balance at Link Market Services that your broker relies on. Of course you should be adding this manually to your ASB account in the interest of good book keeping :-)
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As trustee it keeps no records, all entries recorded in books of beneficial owner (the trust) So I do nothing with company other than filing annual return & NIL tax return.
Yes it can confuse IRD that the company receives dividends, but never declares any income, but thats not my problem.
I think you are referring to the ASB 'Automated Portfolio' feature which is just a [poor] record of the balance of shares traded with ASB and not necessarily a correct indication of your actual holdings.
They should be assigned to you by Link Market Services now, mine are.
So log in to LMS, check your balance, and if they are there you can sell them right here, right now.
Best Wishes
Paper Tiger
Ok, thanks guys.
Just logged in to Link Services and they are there all allotted and looking shiny and new :) Now just want the refund to hit the Bank and I'll be a happy little vegemite.
* My asb portfolio doesn't show them, I just did a manual update but when you go to sell they check your csn and fin and confirm how many you hold, so as long as it shows on Link you're good to go I imagine.
Brokers have no idea of your holdings. Some people buy and sell using more than one broker. It is the share registries that have the details and where the brokers check to see you own enough to cover what you want to sell.