NEA 0.00% $2.10 nearmap ltd

Ann: Nearmap litigation and trading update, page-40

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    You may not realise that for some these takeovers that produce a big ‘lump’ of capital gain can have some quite ‘nasty’ consequences with Centrelink, Tax etc depending upon ones personal circumstances.
    It may well end up that, at least initially, one is left with significantly less to re-invest than the payout.
    It may have been our plan to realise cap gains over a period of time and avoid these issues that takeovers like this can create depending upon ones personal circumstances,
 
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