CAP carpentaria resources ltd

conglin may buy more, page-5

  1. 34,443 Posts.
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    The reason to buy shares under his personal name,is that he has a good tax planning.

    If Conglin Investment Group purchased shares and incurred a capital gain, the company is not able to access any discount on capital gain. Franking credits on the dividend would also be lost if Conglin Investment Group made taxable profit.
 
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