Converted my options at 0.47 or so last September. Discussion on here that as a CGT event many had to waive further discounted gains from that point after holding for years. The issue was that resetting the start date for CGT discount meant unlikely to get to 12mth CGT cover on any further price gains for the tax discount. That has now played out.
Paying full tax on the profit of 0.60 less 0.47 hasnt been worth exercising the options for considering opportunity costs missed. Disappointing return on 4 or so years of holding this for the risks. Just want a bigger counter offer now
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Ann: Recommended All-Cash Takeover Offer of CDV by Shandong Gold, page-38
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