PCK 5.56% 3.4¢ painchek ltd

~ 45.1 mil shares sold at $0.20 = $9.02 mil45.1 mil options...

  1. 91 Posts.
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    ~ 45.1 mil shares sold at $0.20 = $9.02 mil

    45.1 mil options exercised at $0.02 = $902 K

    so for $902K dished out by directors (and received by company), they received collectively $8.118 mil by an essential placement to instos at ~25% discount.

    can someone please tell me what possible tax liability could only be covered in the 'majority' by over $8 million in profit?

 
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