PCK 3.57% 2.7¢ painchek ltd

People need to read up on the tax liabilities when exercising...

  1. 168 Posts.
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    People need to read up on the tax liabilities when exercising options.
    It’s an expensive event. I’ve seen it first hand, it’s still paper money yet the ATO send out a bill for the gain between the issuing and exercising periods (if there is a gain in the SP).
    I fully expected some of the shares to be sold to cover their own tax bills, especially PD’s.
    There are a lot of factors in these situations, 4 people, with different tax circumstances all agreeing to this means they were happy with the option.
    After all, they still probably hold more shares than this thread combined. (excluding 1 or 2 high rollers). So we should trust their decision.

    My take from the day was the presentation - there is some serious progress to be made in 2019 if management can even hit half of those targets. Find me another ASX company with that amount pokers in the fire, and a CEO that can deliver. The opportunity to get on board now @ 23.5c when the company is spelling out how it will deliver billions in revenue over the long term.

    I’ll be buying more before we see 2020.

    But each to their own, just my opinion
 
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