BCI 2.08% 24.5¢ bci minerals limited

BCI Beautiful Compounding Investment, page-13

  1. 2,989 Posts.
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    It’s not the same outcome, and I can speak from firsthand experience.

    Since you admitted your statement was about Kerry Stokes and the BCI takeover of IOH, then I experienced that myself, so can speak with great authority.

    I accepted an offer to transfer my IOH shares to fewer BCI shares and received 10c cash per share. I did not ‘take profits’ and did not ‘sell my stake for a significant profit’.

    My actions did not generate a CGT event, so the tax office does not recognise me as having taken a profit.

    Therefore, your statement is wrong and simply provocative BS….

    And finally, for good measure, your .38c comment is also wrong and way off the mark……
 
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