Xro - xero

[bull....]

What will happen to my nzx shares?

imagine they will be transferred to asx chess sponsor , if your current broker is one no need to worry

[Muppett]

imagine they will be transferred to asx chess sponsor , if your current broker is one no need to worry

from XRO: shares on the NZX will be automatically transferred to the ASX. Shareholders

will not need to take any action to facilitate this process. Holders of Xero

shares on the ASX will not be affected by this process. More information is

available on a dedicated section on Xero's website, including contact details

for Xero's share registry Link Market Services:

www.xero.com/investors/listing

[artemis]

What happens to the bucket of NZ imputation credits?

[bull....]

What happens to the bucket of NZ imputation credits?

being a nz holder of asx listed shares you will not be entitled to imputation credits if they ever pay a dividend one day , as for there imputation account here they could do a one of special div to use it ? im guessing if they dont use it they lose it?

[bull....]

also the asx has been doing major push to create a thriving tech sector on the asx esp targeting isreli tech companies so wonder if the poached xro to join there club , be interesting to here what nzx has to say about the loss

[artemis]

being a nz holder of asx listed shares you will not be entitled to imputation credits if they ever pay a dividend one day , as for there imputation account here they could do a one of special div to use it ? im guessing if they dont use it they lose it?

Yes I know about imputation credits (none) on ASX. Have been bitten by that before when a dual listed company delisted on the NZX and not long after paid a significant special div with no imp credits for NZ holders.

Take your point about special div. I do think Xero will do its best to look after NZ holders. You know those of us who have hung in there ...

[mondograss]

Market a bit unhappy with the report (or maybe people just panicking about the delisting)

[bull....]

Market a bit unhappy with the report (or maybe people just panicking about the delisting)

probably not the report more the delisting i reckon

[Stumpynuts]

Market a bit unhappy with the report (or maybe people just panicking about the delisting)

Shouldn't NZX holders be rather happy with an instant gain due to $NZD/$AUD exchange rate?

[Rep]

probably not the report more the delisting i reckon

So long and thanks for all the fish!