I understand your point , take PDs situation he has to pay 1m plus to exercise his options.. he is a director paid by this company so unlike us as investors this transaction triggers a tax implications of (depending on the amount and your situation) around a 47% tax THIS ISNT AN INVESTMENT FOR ANY BOARD MEMBER so CGT is not applicable...
So where to from here ,he needs to find 5-6m I’m ecstatic he didn’t just dump on market?
This way they bring in Instos and satisfy the directors tax requirements and for us we are now invested in an institutionally backed company.
Ann: Sale of Shares by Directors to Institutional Investors, page-62
-
- There are more pages in this discussion • 263 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PCK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.2¢ |
Change
-0.002(5.88%) |
Mkt cap ! $52.34M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.1¢ | $9.469K | 294.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 111485 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.57pm 12/09/2024 (20 minute delay) ? |
| PCK (ASX) Chart |