doesn't make sense, page-11

PDF = no CGT payable on profits?? No losses can be claimed either?? I guess it works both ways, what now looks like a positive point may well turn into a huge negative. Very complex topic this one, one would think that the asset needs to be held for a minimum of twelve months to be classed as a CGT event and not a trading gain, no?? As far as Artemis and PEP-11 being the only two drills in elephant country offshore OZ, think again........