Hey! Layman here,
So I hold 1411 shares in BRN. I have seen the news. I also have seen that if people hold their shares will likely transfer over to the US stock exchance under the new company. I have also now seen this:
Shareholders holding less than $500 of shares could be offered a facility through which to sell their shares in the new US parent company upon completion of the re-domiciliation
I personally wouldn't mind just holding onto the current shares into the new. If this does happen, will I have a choice to hold? Will I have to sell etc? I currently hold these shares through CMC market.
Excuse my very elementary, limited understanding. I am very new to all of this and just bought roughly $500 worth of BRN recently. My investment strategy so far has been to just hold everything that I buy, don't sell and/or trade anything and I would like to continue doing so.
Thank you for any feedback regarding this.