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  1. 14,186 Posts.
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    SMSF,

    I think the missing penny might be tax?

    I think (someone please correct me as I am a tax imbecile) they only get them under the CGT umbrella, rather than income, when they exercise them, in which case 50% applies.

    If I am correct one would assume not fishy planned/expected for at least 12 months, and would see the move as a vote that this was as low a price as they expect to see.

    EL
 
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