It’s the amount of shares you own that will change not exactly the value. Same happens when an Australian company merges with another Australian company. The complexity here is the difference in rules and exchange rates. So if you own 100,000 CBR shares converted to mega co shares (with current ratio) you will own 1,499 mega co shares. Give or take.
Nothing to do with dollar value. The dollar value is only the end result. The dollar value all said and down will depend on what mega co is trading at after the merger.
For Comsec users, you need to open a Comsec international account in order to trade on NYSE or Nasdeq and London stock exchange.. If you so desire.
Ann: 2nd Supplementary Scheme Booklet, Revised Meeting Date, page-6
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