I hold around half a percent of shares on issue. There are a few things I will have to consider, which I won't have time to do until next week.
1. Once ADS certificates are issued I need to know that I can transfer them to Commsec's US broker so that they are under by Commsec international share trading account.
2. I have to check that my SMSF can hold these ADS under "blind trust" although I assume it can.
3. I need to satisfy myself regarding ADS voting rights by reading the Form F-3 Registration Statement.
4. I would like to know what the current fees are for converting shares to ADS so that I can consider the pros and cons of whether to convert now for free or potentially convert at a later date and bear the costs myself.
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