AST are the direct registrar, providing transfer agent services for a great number of companies; having been in the space for 45 years, AST has built up a considerable number of clients that rely on their service.

AST aggregates all sales requests and executes sales on the open market through a non-affiliated broker. AST typically sell shares on a daily basis; however, at their discretion, they may sell shares less frequently (up to five
trading days after receipt).

This is, quite frankly, archaic and dangerous in a volatile market. Whilst true, registered ownership is essential, the inability to control sell orders with limits is a huge barrier to individuals wishing to become long term, legally named investors.

We are asking AST to implement the ability to complete the same limit sell orders that are available with their competitors, such as Computershare. These limit sells should be executed as a priority and should be easily cancellable after their setting.