AKE 0.00% $9.83 allkem limited

Merger: Yes or No, page-501

  1. 4,546 Posts.
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    I see. So TheOldGuy is wrong in saying that "our shares in Germany are exchanged for shares on the NYSE", or he perhaps he didn't know the difference between shares (stocks) and DR, because they both can be traded in the same way.

    The election that your broker told you is I think for you to elect to either have Depositary Receipt of Arcadium traded at NYSE or CDIs traded at ASX if the merger succeeds. You are not to take part in the election of the merger proposal itself, for which you have to have SRN or HIN.

    That is what I think your situation and also the others in Europe. Please tell me if I am wrong.
 
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