Reasonable.The converted shares will most likely be held longer term so future tax liabilities will be capital gains tax, and capital amount is based on the value on the days of conversion? in that case the lower the share price, the lower the base value for calculating taxes.Thus, the directors made the judgement call that the current price level would be as good (low) as they could expect?
- Forums
- ASX - By Stock
- K2F
- Ann: Change of Director's Interest Notice (J Deacon)
Ann: Change of Director's Interest Notice (J Deacon), page-10
-
-
- There are more pages in this discussion • 1 more message 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 K2F (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online