@Timetotrade, I was not talking about losses per se (I am very well versed in accounting and take the opportunity to point out everyone's situation will be different, exactly how much they lost or gained, and whether the losses or profits will be assessed as income or capital gain/loss*), I was talking about the death of AGO as a public company, and the loss of future profits to the public from what should be a public asset not a private one.
* Anyone who bought in a legal entity (e.g. a super fund) in the last 12 months, planning to hold for the long term and make a capital gain, will now be assessed as having made an income gain and taxed accordingly (and highly likely more onerously).
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- Ann: Ceasing to be a substantial holder from FMG
Ann: Ceasing to be a substantial holder from FMG, page-15
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