AGS
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0.00% 17.5¢ alliance resources limited

Ann: Notice of General Meeting/Proxy Form, page-21

  1. spruik
    7,329 Posts.
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    12/08/15
    10:29
    Post #: 15791303
    The 12c is not taxable (capital, sale of assets). But only if you paid 12c or more for your shares (imo).
    Selling on-market now at a loss is tax deductable, depending on your circumstances.

    I would be inclined to take the capital return, and sell your shares after the distribution for a few cents. They might bounce back up a bit after a while.
    Last edited by spruik: 12/08/15
    AGS Price at posting: 13.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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