CAP carpentaria resources ltd
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conglin may buy more, page-5

  1. 8horse
    34,443 Posts.
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    03/05/10
    22:50
    Post #: 6648856
    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.
    CAP Price at posting: 48.5¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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