It's my understanding that the IIN shares distributed are able to be disposed of immediately under the 50% CGT discount (provided the AMM shares against which they are distributed have been held 12 mths).
As I wasn't sure this would apply, it was a pleasant surprise to have it confirmed in the Notice of General Meeting.
Furthermore I think the Directors have been very transparent and forthright in their assessment of the advantages and disadvantages of the proposed distribution, and I am quite comfortable to maintain my investment in AMM into the forseeable future.
Rgds,
Lilac
- Forums
- ASX - By Stock
- AMM
- unexpected bonus
unexpected bonus
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMM (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.872M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 183614 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 184500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 183614 | 0.009 |
3 | 326000 | 0.008 |
2 | 700000 | 0.007 |
2 | 333335 | 0.006 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 184500 | 1 |
0.040 | 436600 | 1 |
0.049 | 60000 | 1 |
0.050 | 500000 | 1 |
0.081 | 38470 | 1 |
Last trade - 16.12pm 12/09/2024 (20 minute delay) ? |
Featured News
AMM (ASX) Chart |
Day chart unavailable