He's in the US so my understanding is that he pays tax on the gain on the shares he sold so he keeps say $600k out of the $950k from selling the shares. He pays $375 to convert, and he pays tax on the gain on the options based on the share price on the day he exercised the options - that gain was over $600k so that's probably $200k tax.
That leaves him about square on a cash basis for this tax year but with more shares - I'd say it looks like good planning for someone who thinks there's good gains ahead.
I'm waiting for IMEC meeting news
- Forums
- ASX - By Stock
- 4DS
- Ann: Appendix 3Y - Guido Arnout
Ann: Appendix 3Y - Guido Arnout, page-229
-
- 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 4DS (ASX) to my watchlist
|
|||||
Last
7.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $134.0M |
Open | High | Low | Value | Volume |
7.6¢ | 7.7¢ | 7.4¢ | $4.532K | 60.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1033685 | 7.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.4¢ | 363171 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1033685 | 0.073 |
6 | 841888 | 0.072 |
5 | 393487 | 0.071 |
11 | 1045541 | 0.070 |
3 | 355000 | 0.069 |
Price($) | Vol. | No. |
---|---|---|
0.074 | 363171 | 3 |
0.075 | 165556 | 3 |
0.076 | 32610 | 2 |
0.077 | 290825 | 4 |
0.078 | 36362 | 1 |
Last trade - 12.36pm 06/09/2024 (20 minute delay) ? |
Featured News
4DS (ASX) Chart |