Schools in session, let's see if your limited comprehension can cope.
Buy on market for 4 cents instead of participation in CR.
Cost = 4 cents a share.
Buy through CR and get 1 free option per share purchased for 5.4 cents.
Sell options at 6 cents, not even their peak, after tax, assuming, 30%, you get 4.2 cents in your hand back on your purchase. Those 5.4 cents shares cost 1.2 cents.
As far as the tax man goes when you sell them, cost base is still 5.4 cents for CGT purposes.
Ann: Imugene Corporate Presentation, page-67
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| Price($) | Vol. | No. |
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