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0.9¢ calima energy limited

Ann: Cash Sale of Blackspur Oil Corp for A$83.3M, page-98

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JethrosCousin

48 Posts.

5

15/02/24

18:51

Post #: 72430426
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Originally posted by Slyvestor: ↑

You're not talking big numbers here, but you may want to consider your tax liability. Sell your shares now and you will be up for the tax at your marginal rate. Wait until the distribution and you may find there is some tax benefit included (as mentioned in the sale announcement). But it's different for everyone. If you are up 30% then you bought recently so won't benefit from the 1 year hold 50% tax reduction thingy. Perhaps better to wait until the distribution or the 1-year anniversary, whichever comes sooner. No real risk from here.

Well done on the 30%, I am just hoping to break even.

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yes... very minimal indeed... just getting my foot in the door with this whole casino called investing on the share market

many thanks for your insight

CE1 Price at posting: 11.3¢ Sentiment: None Disclosure: Held
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