LGD 0.00% 30.0¢ legend corporation limited

Ann: Cash offer for Legend Shares, page-37

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  1. 3,643 Posts.
    lightbulb Created with Sketch. 777
    I think the recent drop in price reflects the impact of the 45 day rule on imputation credits.
    https://www.ato.gov.au/Individuals/myTax/2018/In-detail/Dividends/?page=3#Holding_period_rule

    Anyone buying today is within 45 days of the timetable implementation date.

    I received a phone call last week and an email today about voting in the scheme, so the company is working hard to get it passed.
 
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Currently unlisted public company.

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