Actually he didnt sell any, he converted share rights into shares and did the 10% pre tax opton to aquire them, he put these to his personal name instead of his smsf.
Smart really as he gets the pre salary and saves a portion of tax.
In a nut shell, i would have said it helps him personally at tax time, especially if PLS pays a fully franked dividend.
Thats my understanding atleast.
Rooks
Actually he didnt sell any, he converted share rights into...
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Last
$3.16 |
Change
0.170(5.69%) |
Mkt cap ! $9.515B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.20 | $3.05 | $117.6M | 37.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 72180 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 222212 | 12 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |