does anyone understand what is happening?, page-7

I too am a little confused. I understood it as a split from WDC global in the formation of a new company/trust (Aust/NZ). I would have though that our existing stocks simply get converted/transfered into the new company/trust and that was it.

Now I get some paperwork asking for $$ for an offer?

Does this mean that this is an additional float and that we will end up with stapled securities in 2x seperate companies? WDC and WDC2 (or whatever it is?)

Thanks