I disagree that it is financially worse to do it now rather than in a TO. Firstly, he reason for not converting options early is uncertainty, once converted any subsequent rise in the SP remains untaxed until sale. Secondly the tax hit now at a lower SP means lower tax than if exercised when the SP is a higher price. The only negative is if you have to sell some to cover the tax. Thirdly, as noted above a sale next year will spread the tax burden over two years, and lastly we assuming the sale is for cash rather than shares in the acquiring company. If the latter the tax on that portion may be deferred further until the received shares are sold, if they are sold (not sure how the tax works on share swaps in a takeover in the US, but I assume it is similar to Oz).
- Forums
- ASX - By Stock
- 4DS
- Ann: Application for quotation of securities - 4DS
Ann: Application for quotation of securities - 4DS, page-67
-
- There are more pages in this discussion • 14 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
(20min delay)
|
|||||
Last
9.2¢ |
Change
0.004(4.55%) |
Mkt cap ! $162.2M |
Open | High | Low | Value | Volume |
9.0¢ | 9.2¢ | 8.8¢ | $233.1K | 2.574M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.2¢ | 1281 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.091 |
2 | 157000 | 0.090 |
3 | 430000 | 0.089 |
8 | 995819 | 0.088 |
3 | 372471 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.092 | 1281 | 1 |
0.093 | 138753 | 2 |
0.094 | 410000 | 2 |
0.095 | 783512 | 4 |
0.096 | 892956 | 7 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
4DS (ASX) Chart |