WDS Planets Misaligned, page-6

If that eventuates, then the potential loss of franking credits is just the starter for the average local retail WDS holder, in so far as trading and investing, likely tax implications, and the high listing and administrative costs. Don't recall this very important corporate matter listed or discussed at the 2024 AGM, either by Chairman Goyder, or the CEO. Possibly due to other higher priorities such as the expanded Board, the remuneration report and all that fawning by many attendees and most proxies. BHP had a dual listing here and in the UK for many years, and not so long abandoned it, as inefficient and costly. In 2022 (?). BHP unified its dual listing structure to a single listing here on the ASX. Mind you can understand why WDS and other miners, want to relocate overseas for less hostile Govts, but as increasing likely, the Democrats retain the Presidency and the Congress in November 2024, then it will the end of the fossil fuel industry altogether in the USA.