going nowhere fast, page-42

From the announcement @ 6:25pm on 03/11/2010, page 8 of the announcement, point 3:

"Units in the new WRT will be distributed to WDC securityholders on a 1 for 1 basis"

MBT is 100% correct.

The WDC securityholder offer for more units in WDT is offered at 1:4.23, so for 423 units of WDC held, you can apply for 100 units of WDT under the WDC securityholder offer.

You could also apply for more than your entitlement under the public offer if you wished. It's a $2K minmum and $500 multiples thereafter.

Disc: LT Hold & accumulating WDC.