xt, page-12

re: ml and tlw If it comes to the crunch, speaking for myself, I'll go for as many TLW as I can get. It'll be better than 40% of the total, as TLW itself by then would have already have accumulated a whole lot of HDR shares, plus, there would be a whole of holders who would just go for the cash, especially those who bought in early and are already making a good profit.

My guess is that you'll get 50-60% easy.

ML charges 1.5% ( but negotiable they said) brokerage for selling shares overseas, and Comsec 0.75% or $65 which ever is greater. ML has a better rate of interest on funds being held pending a good xchg rate though.

Anybody else look into this aspect yet?

Hopefully, a white knight might come along and we won't have to go down this path. If it's going to happen, it should be getting close now, otherwise it's a done deal with TLW.