AVZ 0.00% 78.0¢ avz minerals limited

China, page-93

  1. 65 Posts.
    Aaannnd on a totally different topic.......
    Would anyone be able to enlighten me - I got into AVZ a bit late but feel a TO is quite likely.
    What I’d like to know is - if for instance I bought $20,000 worth of shares and TO goes through at 50c.
    I’m now sitting on $40,000 and have held in total for 6 months, the TO company is Chinese and not listed on ASX, what’s my tax implication?
    Is it 50%? Plus where is my money held? Is there any way of freezing proceeds to avail of the 1 year tax break?
    It’s just I haven’t been in a potential TO position such as this before
    Thanks to anyone who can advise
    Last edited by dewintert: 19/11/17
 
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