A bit of a tricky one - would appreciate any advice!
We have 2 separate holdings of a stock in the US with 3 year old DRS's that our Australian broker's US agent is telling us are too old for him to use to sell, and the only alternative is to arrange new certificates (4 weeks), open new accounts (lots of paperwork for Aus family company/Super Fund) and then post cheques!
As the holdings are in company/super fund names, we can't sell online through Computershare US without a long process of registering by mail(!) etc. which could also take months.
So how the heck can we sell them more simply?
Are there any Australian online brokers that could sell them using DRS or do we have to first order full certificates etc.?
Anyone had a similar experience?