CGT tax free for Molton.
62strat is correct.
10% rule only kicks in for Australian Taxable Property (e.g., Real Estate).
Incidentally, Otto's daughter Eva Marie took over as Chair of the Happel Family Office many moons ago.
Unsure of the date, but I suspect that it was prior to the Molton Convertible Note Repayment.
Which required capital raise: Jetter decided it required a bit of sizzle to get it away: GC21 sizzle destroyed an incredible amount of shareholder value.
My hypothesis is that Jetter lost Molton support when Eva took over from (his old mate [blind faith]) Otto.
Eva was having none of it.
Many of the causes/projects that the Happel family charitable foundation support have a Climate Change element about them.
I suspect that Eva's preference would be "no fossil fuels" investments.
I also suspect that she just wants to get out even (ignoring opportunity cost).
CGT tax free for Molton.62strat is correct.10% rule only kicks...
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