Yeah i had a very large holding in AJM, along with PLS, the best way to look at it is now the value of PLS will increase as their assets have now increased, and also, even for those who don't hold PLS, you have basically paid tax upfront on your investing profits, so as long as you keep making CG profits, you can claim the loss, so basically you have lossed opportunities to use that money now...
Ann: PLS: Altura Creditors Approve Deed of Company Arrangement, page-46
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