SPL 4.40% 9.5¢ starpharma holdings limited

Salt in wound, page-11

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    The thing about a right of course is that it is not taxable until either exercised or sold. Which is why they are used for this purpose. Options are similar.

    The other thing about performance rights is that they may have special conditions such as an inability to sell them and a limit on the amount of time they can be held with exercise.
 
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