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For the uninitiated like myself, could you please explain how...

  1. 188 Posts.
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    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!
 
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