tarasbulba: I sell $15000 of CLQ shares today.
Yes but if the SPP is oversubscribed you may not necessarily get the full $15000 quota. Depends if it is done on a first come first serve basis or it is averaged out between shareholders.
tarasbulba: and retain 5000 shares that I will be still be entitled to participate in the SPP and be issued shares at $1.15.
I would say yes but a more knowledgeable person may say no.
I went through a similar experience with Archer Exploration AXE when they had an SPP and should have sold and bought back in.
Get advice (which I know you are doing) but beware looking at the current price SP $1.42 the SPP is going to be oversubscribed, hence you will not get your full quota.
tarasbulba I might be a dumb ass
Good question. What is the opinion of the forum, I will probably sell a loss to buy in as I will pay CGT tax if I sell CLQ and buy back in.
$15000, page-6
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