Just by way of detail I am looking into the rights of share holder verses ADS holders. That is option 3. Sure your holding cannot be traded on the ASX but they can be traded and you still get to go to the AGM and if there is a takeover they still have to buy your share by way of right and minoirty shareholders cannot be oppessed.
I'm not an expert at this but I wonder if holders like Hishenk etc will change or stay. This will still remain an Australian company and any rights and remedies will be decided under Australian law as oppossed to US law if you take the ADS option and be more of a benficiary than an owner.
I wonder who will be left on the Australian register once this is over. That is there will be far fewer but larger holders and a few annoying ants like me. I'm willing to do this for the experience given I hold such a small amount. I've held shares in private companies before and its all good. Not as liquid but you still are an owner.
KZA Price at posting:
9.7¢ Sentiment: Hold Disclosure: Held
