Long story. I have Australian shares of my company stock which were put into a computershare.au account. As a US resident, I am unable to sell these shares via computer share.au (from the ASX) without the help of an ASX broker, I am told this by computer share.au. ASX online brokers require an Australian based resident address, I don't have one. I live in US.

My US broker is clueless and I have reached out to company HR and awaiting a response. I thought I'd reach out to the smart folks on texags for help. I just want to sell a small amount of stock on the ASX which is mine and receive the US dollars. Funny thing is compuershare.au wire my dividend every quarter to my US bank but they won't let me sell.

Help!

Here's a couple of websites that allow you to get an Australian address so you can use an ASX broker.

https://www.anytimemailbox.com/find-location?pl=place.16500750&t=Melbourne%2c+Victoria%2c+Australia&o=melbourn&r=false

https://www.postscanmail.com/i/australia.html


I lived and worked in Dubai, and needed a US address to handle some rental properties, etc. and I used a similar service, which made things pretty easy for us living abroad.

This is handy. Texags really does know stuff.

Your broker should have an Australian division, or a partnership with another broker who does. You should be able to transfer the shares through the Australian division/partner into your US account. I've done this a few times with a company who's stock trades on the Netherlands exchange.

Are you sure you need an Aus broker to sell?
I think the broker is required to transfer shares into another acct. You should be able to sell on ASX via current company platform, then transfer funds via wire to international branch of your bank. If wells Fargo it's in San Francisco.

I'm sure. The platform is computershare.au. US residents are unable to sell however can transfer to another platform used by a broker on the ASX.

Does your employer start with a B and end with a P? Or did it formerly?

Yes, it did formerly.

All good tips here and still awaiting company guidance. I think I know what needs to happen. Find a broker that can trade on ASX, join said broker, transfer funds out to new broker, sell shares via broker and transfer cash into bank account.

Dear Southside AG,

Was your former employer Flight Centre by any chance? I also own shares of my former Australian employer that re being held by computershare. au that I have time selling.
I feel that we should have been cautioned that it would be difficult to sell these shares. In fact, I feel that I've been duped into buying these share without having been giving relevant information.

Man, the thing about Australia is it seems that everything they do there is upside down.