BSE 0.00% 19.0¢ base resources limited

Ann: Presentation - Energy Fuels and Base Resources Combination, page-244

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  1. 8,584 Posts.
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    Not a great deal one can do with the variability of share price and currency exchange movements. Not sure whether there's a point where a trigger can or will be pulled out of the deal based on such movements but if so, there won't be a BSE dividend and it's share price would retreat substantially - a double whammy one does not need - so I actually hope the deal goes through.

    So, should one sell now or wait it out and see if the deal goes through with a nice dividend inbound? I've held BSE for some time, so for me the deal is ok and don't intend to sell shares for some time if under a new entity - at least until it's sp gets to higher levels (may take a while).

    Not certain on tax implications but assume rollover provisions will apply for those who decide to take up the offer since BSE shares have not been sold - only taken over, so the usual what you paid for and what you sold for figures sould be used to determine profit/loss??

    As the dividend payment it's not franked - so no tax relief and tax is payable but level depends on individual circumstances. AIMO
 
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