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  • Writer's pictureThe Beagle

Australian Shareholders Assoc forms local coffee discussion group

AUSTRALIAN SHAREHOLDERS’ ASSOCIATION forms local coffee discussion group ASA Director, Betty Clarke-Wood, has been working with local members to launch a new discussion group for ASA at Batemans Bay for the benefit of investors on the South Coast. This has been well received by a small group of enthusiastic and interested members. The aim is to provide a social, intimate, non-threatening environment where members are free to share investment experiences, ask questions and bounce ideas, to improve personal knowledge and education, and to build investor confidence. “This is the seventh such group I have established this year in regional areas, in order to provide extra value for members”, said Mrs Clarke-Wood. “Members really appreciate these opportunities and the social opportunity”, she said. Betty recently toured Tasmania visiting ASA members. New groups are now operating in Burnie and Devonport. The Australian Shareholders’ Association is a non-for- profit association which has been working in the interests of retail shareholders for 56 years. Apart from a small staff at the National Office in Sydney it is run by enthusiastic volunteers. Company monitors cover most of the top 200 stocks on the Exchange. They meet with companies and attend annual general meetings on behalf of ASA to stand up for shareholders. Advocacy and Education are the key areas of its work. ASA has many regional and suburban groups on the mainland. It holds a national conference annually – 2017 will be in Melbourne from 15-16 May, and seminars and events across the country. It produces a monthly magazine Equity. The local group will meet next Wednesday, 18 th January, 2017, at 2pm at the Catalina Country Club, 154 Beach Road in Batemans Bay, in the lower lounge, for discussion on all matters investing, particularly in shares. They plan to continue to meet on the third Wednesday of every month. Visitors are most welcome. Further enquiries to Betty Clarke-Wood on 0419 393 540 Media Release Bill Radley The Australian Shareholders' Association is not-for-profit organisation which is willing to take up the cause of retail shareholders and, on their track record, can make a difference in the fight against the inappropriate practices and behaviours of some of the large corporates. As an example of their results the Association has just been awarded a large payment by ASIC because they highlighted insider trading.

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