The tax office calculate the benefit on the value of the shares when the options are exercised, which was roughly 27c. What you subsequently dispose of them for is not something the tax office cares about. They might be able to book the 5c difference as a capital loss at the end of the financial year.
I included the exercise cost in my calculations of what the directors would have had to recover because unless they collectively had $1.8 million lying around in a bank account somewhere they would have had to borrow the money. Carrying a debt like that long-term would be a massive cost and risk when the funds have been used to obtain shares in a pre-revenue, speculative, micro-cap company.
- Forums
- ASX - By Stock
- PCK
- Ann: Sale of Shares by Directors to Institutional Investors
Ann: Sale of Shares by Directors to Institutional Investors, page-146
-
-
- There are more pages in this discussion • 179 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PCK (ASX) to my watchlist
|
|||||
Last
3.8¢ |
Change
-0.004(9.52%) |
Mkt cap ! $62.16M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.8¢ | $2.266K | 57.83K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 82304 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 403495 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 82304 | 0.038 |
1 | 13513 | 0.037 |
1 | 30000 | 0.036 |
2 | 310572 | 0.035 |
2 | 150000 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 403495 | 3 |
0.043 | 380000 | 2 |
0.044 | 424004 | 3 |
0.045 | 451573 | 5 |
0.046 | 379498 | 1 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
Featured News
PCK (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online