@Eagle0
Capital Gains implications for a company being taken over can vary. Refer to this ATO link for details:
https://www.ato.gov.au/Forms/Guide-to-capital-gains-tax-2022/?anchor=Identifyingsharesorunitssold#
NEU should be able to talk to the ATO about a special CGT ruling for NEU being taken over via a share arrangement but I am not sure whether this only applies if the takeover company is an Australian entity or not. Maybe Acadia could set up an entity that would allow Australia & NZ shareholders to be able to buy and sell their new Acadia OZ holdings via the ASX. If it is a friendly takeover by Acadia, then I am confident Jon and the Board would do their best to maximise the benefit for its shareholders.
Phelan-McDermid Syndrome, page-80
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$15.27 |
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Mkt cap ! $1.951B | |||
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| No. | Vol. | Price($) |
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| 1 | 1000 | $15.25 |
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| Price($) | Vol. | No. |
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