CDM 0.00% 72.0¢ cadence capital limited

Ann: DeepGreen Metals Investment Update, page-41

  1. 233 Posts.
    lightbulb Created with Sketch. 13
    I was saying he can sell part of the position in DeepGreen without the capital gains dragging down NTA. There are clearly a bunch of losses and credits sitting on the balance sheet as this is the only way the post tax NAV can be higher than the Pre- Tax NAV.

    It's nothing to do with your holdings tax position, rather the LIC's tax position
 
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