ARL 0.83% 60.0¢ ardea resources limited

Ann: Godolphin in-specie Distribution Record Date 3 Dec 2019, page-7

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    Have any overseas investors heard anything about receiving a payment instead of the in-specie GRL shares? Or is it that we just don't get anything from the spinoff?

    I was half hoping, although read in the prospectus oversea investors were entitled to shares in GRL, that might get shares but nothing when I signed in to Automic today to check holdings and haven't heard anything formally about a payment in-lieu. Preference would have been the shares as a payment in AUD$ would no doubt incur fees and may be awkward to pay into my bank in NZ (its an Australian owned bank).
 
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