That's nearly identical to my "version one" fix for these.
My "version three" uses a metal zip tie no drilling needed.
The metal wire fix is far better than new, that's a permanent fix. (though i have had one DHC break off at the tab where the plastic handle screws onto it.
My fix:
https://xoutpost.com/bmw-sav-forums/...anent-fix.html
When i first fixed one i used 16ga steel wire but rather than twist like bread bag I went around 2-1/2 times and the bends kept it tight. Funny that the 16ga wire just looked like more spring!
Love seeing same line of reason used to make up for the design flaw.
Next: look at the DLA fix if you live in a cold climate where it's below freezing in winter.