Likely you won't have to do anything - they will be transferred automatically.
However, at this stage it's a publicly announced thought bubble; they haven't decided on the mechanism (there are a number of ways to achieve re-domiciling). Later in the year BRN will advise the mechanism and we will get a chance to vote.
What isn't clear to me (yet) is the tax implications. Depending on the manner of transaction, the ATO may treat this as a taxable event. For example if you were to give your shares (any shares) to another person or entity, the ATO would treat that as a taxable event - capital gains on your disposal, and income by the recipient.
TAX may also depend on the type of entity you hold shares in (personally held, company held, held in trust, held in super and is that super in accumulation phase or retirement).
Relax. All will be revealed - earliest 6 months I would estimate.
What ever happens seek independent and expert advice.
Don't rely on posters here on Hotcopper.
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BRN Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
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