Yep, way under valued and you can only sell it once.
Q. If this deal does proceed and a profit was made on the transfer of shares even though no cash is received, is tax payable?
Igas traded in January for approx £108 and 12 month variation from £76 to £160. All concensus I could quickly view have a 12 month projection of £160 to £170. Mostly with strong buy recommendations.
It's a no from my 1%, $0.50 I'll sit up and take some notice,
Abalone
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