The lease would have a holding company owned by pcl and you could theoretically just sell that if you wanted to keep the company.
I was referring to the lot for 5 cents as the cash would go directly to shareholders. If the holding company is sold for Namibia, pcl would decide how much to distribute to shareholders via special return of capital. Would be subject to CGT just like a company sale would be. Nice problem to have.
It's Massive - Another update from Upstream, page-128
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1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $130.1M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $2.305K | 144.0K |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 7459274 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 4454626 | 6 |
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