CE1 12.5% 0.9¢ calima energy limited

Ann: Cash Sale of Blackspur Oil Corp for A$83.3M, page-101

  1. 1,557 Posts.
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    Clearly someone is seeing value in this, even at 12c, 2 Mil shares bought this morning in one bite. I guess the equation is now 12c gets you 14c, which is still good return if you buy enough of them. I preferred the odds when it was 10.5c gets you 14c, sadly my order didn't get fully filled and not likely to see that again.

    Looking forward to the payout, just wondering what the best tax mitigation option will be. I am betting it will be in the form of a Captial Return as before. That works for me.
 
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