The only reasons I can see to hold on are:-
1. The shares were purchased say 360 days ago. Holding for longer than 365 gives a CGT discount of 50%
2. The Court approval is not given - should be just a rubber stamp?
3. Something criminal has occurred / the i's weren't dotted & t's not crossed
4. ??? Any ideas?
This seems ridiculous to pay $4.60 so that in 2 weeks time you can your $4.60 back. It's not like you can use illegal drug money and launder it.
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