For anyone interested in MMR at various prices, consider the chart below. 3 prices are projected, Buying at $0.008, $0.01 & $0.012.
The comparison is against BPH (currently $0.012) and assumes the gains you make on BPH are taxable.
Assumptions are,
BPH-MMR SOI Ratio 0.7 for this exercise as it excludes the options on both BPH & MMR
MMR + 25% SP for Tax Free status
Starting point is $10,000 invested (Tomorrow)
Now as you can see if you are a "normal" tax payer (not an SMSF at 15% on gains) then it is quite beneficial to invest some of your exposure into MMR for the possible NOPTA JA approval.
(20min delay)