NWE 0.00% 5.6¢ norwest energy nl

Long, long term holder so pretty happy but offer price is...

  1. phx
    532 Posts.
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    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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Currently unlisted public company.

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