I am a LT holder and don't have any CGT issues. Will be voting...

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dolcevita

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20/12/23

13:05

Post #: 71547904
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Originally posted by whitepointer: ↑

My understanding is that if the scheme gets up it will be implemented in March 2024. Any holders who came in from March to mid-June this year where the SP was around 50 cents and even those into August when the SP was around $ 2 you would expect to vote against the scheme considering CGT implications. Other significant holders that have held for an extended period would be advantaged by say selling 50% this financial year at $3.65 and the same again early in the following financial year against taking the $3.70 in March.

With the weighting of shares with the 38% removed and a 75% requirement to get the scheme over the line I am not sure it is a done deal. We will have more drill results and possibly an MRE to chew on.

Shareholder voting apathy may be the biggest issue.

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I am a LT holder and don't have any CGT issues. Will be voting NO.

This is far too early and what is the urgency?
A lot more drilling and resource extensions need to be done before any pretence of an independent assessor is brought in.
The deal overall shafts LT holders who have backed the company, and basically sells out to private interests.

Had enough of our national resources being sold for peanuts and opportunists ike Gina reaping the rewards.
She doesn't even believe in climate change!
Unreal.

AZS Price at posting: $3.69 Sentiment: Buy Disclosure: Held
12 Upvote

0 Great analysis

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