For the uninitiated like myself, could you please explain how this would work?
say I currently hold my shares with commsec, and I would like to elect to receive US newco shares.
If I understand correctly I would have to;
1. Submit the election form 2. open an account with a new broker, such as CMC as suggested by others 3. request a transfer of my shares from commsec to the new broker 4. do the above before 20 Dec (is this date correct)?
if I do all of the above, I will receive my newco US shares. Have I got that right?
sorry for asking, tracking down reliable info isn’t that easy!
AKE Price at posting:
$9.13 Sentiment: Hold Disclosure: Held