OSL 0.00% 1.0¢ oncosil medical ltd

Ann: Late Lodgement of Change in Director's Interest Notice, page-6

  1. 8,917 Posts.
    lightbulb Created with Sketch. 32
    So $540k of shares , at a price of 1.7c, transferred into his Super Fund.

    Interesting how he can transfer so much in one go due to the limits on non concessional contributions into super, being $110k per person.

    This might suggest that there are at least 5 members in the fund, and it would mean that those members where the current holders in the other holding company. Or he has a low balance and making use of the carry forward rules. Even then the cap if $330k

    I would have thought that a man of his standing was way over the $1.7m cap.

    Maybe another explanation that I have not thought about

    In any case very tardy.

    https://hotcopper.com.au/data/attachments/5226/5226370-06c04e60da3bc6473e1b3d9687deb33c.jpg
 
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