RAC 0.28% $1.78 race oncology ltd

I don't understand. AFAIK options held for more than 12...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 8,554 Posts.
    lightbulb Created with Sketch. 1404
    I don't understand. AFAIK options held for more than 12 months qualify for the same CGT discount as the heads. So the reasons to convert these now are:
    * they had only a short time to expiry
    * a takeover wasn't expected prior to expiry
    * they aren't listed and Dr T wouldn't have sold them even if they were listed.

    Happy to be corrected; I'm not an accountant.
 
watchlist Created with Sketch. Add RAC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.