Australia's largest stock trading and investment forum Australia's #1 stock forum

MEP

Click for more information

0.00%

20.5¢ minotaur exploration ltd

Ann: ADN: Bidder's Statement, page-16

First 16 Last

Share
Profile

Follow
Counterfiat

835 Posts.

71

03/12/21

23:05

Post #: 58066653
Share

Originally posted by ezirida: ↑

Furthermore..

upon reading the bidders statement it is going to be important for holders to receive 'scrip roll over relief'

in order for holders to avoid a CGT event taxable gain, it is going to be critical for ADN to achieve 80% of MEP shareholders acceptance by 30/1/22

for MEP holders this means you will be able to 'roll over' the obligation to assess capital gain until yr new ADN shares are sold

bottom line ?

MEP holders if happy to proceed should get busy and formally accept the offer not just sit on hands and pontificate

I look forward to vigorous debate on the above intricacies

GLTAH and of course DYOR

Expand

"in order for holders to avoid a CGT event taxable gain, it is going to be critical for ADN to achieve 80% of MEP shareholders acceptance by 30/1/22"

Shouldn't that be 90% not 80% ?

MEP Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

BM8

Battery Age Minerals gets set to capitalise on critical mineral demand

JBY

James Bay latest lithium player to pivot to other metals amidst lithium slump

PME

Pro Medicus snaffles 5-year contract extension worth $32M for RIS technology

ASX Market Update: Index pulls back from record highs | October 16, 2024

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 51 more messages in this thread...

First 16 Last

Add MEP (ASX) to my watchlist

SPONSORED BY