On which securities exchange is White Energy Company Limited listed?
White Energy is listed on the Australian Securities Exchange (ASX) but also traded on the US based OTCQX exchange. The OTCQX exchange is the premier tier of the US over the counter market and provides US based investors with a transparent trading platform that can be accessed through regulated US broker dealers.
What is the share code for White Energy Company Limited?
The White Energy ASX ticker code is “WEC” and its ticker code for the OTCQX is “WECFY”.
How do I buy White Energy Shares?
For Australian Investors
All shares listed on ASX can only be bought or sold through a broker. A stockbroker acts as your agent to buy or sell shares on your behalf, for which a fee is charged. A broker can also provide a range of services including the provision of advice on which shares to buy or sell. Most stockbroking firms require you to provide funds prior to accepting your first order to buy shares.
When you buy shares in companies listed on ASX, you are buying them from investors who currently own them. Shares bought and sold on the sharemarket can only be done so through the services of a stockbroker.
You may contact White Energy Company’s Share Registry if you require more information:
Computershare Investor Services Pty Limited
Yarra Falls, 452 Johnston Street
Abbotsford, Victoria 3067 Australia
Telephone: 1300 850 505
Outside Australia: +61 3 9415 4000
Facsimile: +61 3 9473 2500
Website: www.computershare.com.au
For International Investors including American Investors using OTCQX
To trade on the OTCQX you must open an account with a brokerage firm (the entity that executes your buy and sell order) to buy Pink Sheets stocks. Investors cannot buy or sell securities directly through Pink OTC Markets.
While your brokerage firm account will allow you to trade Pink Sheets stocks, as well as those listed on the NASDAQ, the New York Stock Exchange, and other venues, investors should clearly understand that trading practices for OTC securities are different from those of securities traded on exchanges.
Please note that your broker or the market maker they route your order to, may not provide you with limit order display or instantaneous executions in Pink Sheets stocks.
Can I buy stock directly from White Energy Company or do I have to use a broker?
Shares for White Energy Company need to be purchased through a broker. For more information, please the section above titled “How do I buy White Energy Shares”.
Who is White Energy’s Share Registrar?
Computershare manages White Energy’s share registry. They can be contacted at:
Computershare Investor Services Pty Limited
Yarra Falls
452 Johnston Street
Abbotsford Victoria 3067
Phone: 1300 850 505
Overseas Callers: +61 3 9415 4000
Facsimile: +61 3 9473 2500
Website: www.computershare.com.au
How can I get a copy of White Energy's financial statements and Annual Reports?
The White Energy annual report can be found on our website under the Investor menu -> Financial Information -> Annual Reports or accessed through the ASX website at http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=wec.
Where can I find out more about White Energy Company businesses?
Details on White Energy and its business can be found under Current Projects menu on our website.
When is the Annual General Meeting of Shareholders?
The Annual General Meeting is held each year between October and November. White Energy will advise its shareholders of the date and location of the Annual Meeting closer to the date.
You may also check our Investor Calendar for upcoming events.
How do I contact White Energy Company Investor Relations by telephone or mail?
For investor relations enquiries please contact us through our Investor Relations enquiry form.
What is it the OTCQX?
White Energy Company’s American Depository Receipt shares (ADR) trade Over-the-Counter (OTC) under the following information:
- Symbol WECFY
- CUSIP 963802103
- Ratio 1 ADR: 5 ORDs
- U.S. ISIN US9638021033
- Underlying ISIN AU000000WEC5
- Effective Date May 10, 2007
DR Benefits to U.S. Investors:
- DRs are U.S. Securities registered with the SEC
- DRs give access to cross-border market liquidity
- DRs are cost-effective
- DRs are convenient to own : * Quoted in U.S. dollars * Dividends pay in U.S. dollars * Seamless Tax reclamation process * Voting under U.S. standards
On 24 July 2008 the Company announced that its American Depositary Receipt (“ADR”) program began listing on the International OTCQX effective 23 July 2008 (New York). The OTCQX listing will provide U.S. based investors with easier access to buy and sell White Energy securities and at the same time will provide White Energy with greater access to the U.S. capital markets. White Energy ADR’s began trading on the International PrimeQX, under the ticker WECFY.
The International OTCQX is a listing service for international companies which are already listed on a qualified non U.S. stock exchange and is designed to provide greater access for the U.S. investor community to profile foreign companies. White Energy’s ADR’s will now be able to be traded electronically and will provide U.S. investors with greater trading efficiency and access to information about the Company. U.S. financial services firm, Cowen Group Inc, will serve as White Energy’s Principal American Liaison (PAL) on the International OTCQX, responsible for providing guidance on the company’s International OTCQX, responsible for providing guidance on the company’s International requirements and arranging a comprehensive suite of U.S. capital markets services.
From April 2014, S&P Capital IQ commenced Standard & Poor’s Factual Stock Report coverage on White Energy Company Limited. For a copy of the Factual Stock Report refer to (https://solutions.standardandpoors.com/NASApp/WS/EntryServlet?pc=IVS&tracking=IVSWHITE_ENERGY_CO&auth=user&pagename=encrStockReportPDF&company=040014089151076243119106248113159238030233040103)