Long, long term holder so pretty happy but offer price is obviously too low and just a starting bid.
From memory, in a takeover there can be different tax outcomes to consider.
-- Cash = pay tax on the profit.
-- Share swap = no tax to pay and the MIN shares cost base is the cost of the NWE shares.
Can someone please verify this.
Happy day![]()
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- Ann: MIN: Off-Market Takeover Bid for Norwest Energy
Long, long term holder so pretty happy but offer price is...
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