Can anyone help here? My broker is Commsec and I have a domestic account and an international account. I understand that the shares will be going to a holding broker in the US before they are listed on the Nasdaq. Ive rung commsec who told me that they dont transfer using the DRS - only via ACATS. And I've read that IHL is transferring via DRS. Ive also called Automic and couldnt get a clear answer as to whether or not I have to place my shares with another broker for the transfer to take place.
Can anyone clarify this?
Ive checked many blog pages but cannot find a definitive answer. HELP!
Cheers Mala66
IHL Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held