Can anyone help here?
My broker is Commsec and I have a domestic account and an international account. I understand that the shares will be going to a holding broker in the US before they are listed on the Nasdaq.
Ive rung commsec who told me that they dont transfer using the DRS - only via ACATS. And I've read that IHL is transferring via DRS.
Ive also called Automic and couldnt get a clear answer as to whether or not I have to place my shares with another broker for the transfer to take place.
Can anyone clarify this?
Ive checked many blog pages but cannot find a definitive answer. HELP!
Cheers Mala66
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