AXE 4.17% 23.0¢ archer materials limited

Ann: Update on iTech transaction, page-12

  1. 1,688 Posts.
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    Gerrado: "essentially entered a contract to buy, and transfer of ownership of the shares occurs at settlement."

    Will be interesting, I bought 26000 AXE yesterday in my company account and sold the same this arvo. By my calculations I should get about 2,500 Itech shares, maybe I won't.
    Not that fussed if I don't. Bonus if I do.
    I did not sell any AXE shares in my personal account. Not worth paying the tax.
 
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