RAC 1.11% $1.83 race oncology ltd

Ann: Appendix 3Y-Daniel Tillett, page-21

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    What I have seen in other takeovers is the acquiring party just buys the options off the holder. If they have been held for more than 12 months then you get the CGT concession. This is what Peter Molloy did with his 6 million option back in June/July where he sold them to Merchant. I suspect he wishes he held onto them now given he didn’t need to convert until June 30 2021.
 
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