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50.5¢ leo lithium limited

Ann: Leo Lithium Investor Webinar Presentation, page-149

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abu

6,522 Posts.

218

05/07/24

21:39

Post #: 74632959
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Originally posted by WoodySpoon ↑

Oh good. Let us know what they say. I must admit for people on a capital loss on their investment (not me) It would be freaking infuriating to have to pay income tax on a dividend rather than get it back as a capital loss (and thus get a tax write-off to utilize). Maybe I should shut up about it as I might be better off with what they are doing ? But even if I pay CGT surely that is at a lower rate than income tax on dividends given the 12 month rule....anyways I'm sure they'll figure out what is best for the top 20 in that respect and do whatever that is, the rest will have to make-do. But on my paper thin knowledge of taxes, I can't see how getting a dividend over a capital return benefits many... Anyone know?

Capital return on the first tranche in Fin year ending June 2025 and a capital return of the cash and Tranche 2 in fin year end 2026 surely the most advantageous way of doing things for most?

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Originally posted by abu ↑

Share Buy Back

Debt & Equity Rules

... hope the above helps

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Any return of capital over and above the issue price will most likely be treated as a deemed dividend - which would be unfranked.

Re: Share Buy Back link above.

Ab’s

Last edited by abu: 05/07/24

LLL Price at posting: 50.5¢ Sentiment: Hold Disclosure: Held
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