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Thanks. I've held for longer than 12 months. I ended up selling...

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akpv

94 Posts.

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14/10/22

15:06

Post #: 64203644
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Originally posted by JBoo: ↑

That depends on individual circumstances.

For remaining retail holders that purchased shares in the last 12 months, it might be worthwhile to hold for CGT discount to kick in, depending on when the Thiess will do compulsory acquisition (which should happen within the next 6 months).

Those that purchased from October '21 to March '22 did that at $0.70 to $0.80. Let's say that gain is ~ $0.30c per share, and income tax rate is 33%, They would be better off ~ 5c per share if they hold for compulsory (providing that 12 month holding will pass in the meantime, for CGT discount).

That is, of course, unless Theiss decides to play dirty - and they're not highly regarded for their business ethics.

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Thanks. I've held for longer than 12 months. I ended up selling on market, NPV and all that...

Last edited by akpv: 14/10/22

MLD Price at posting: $1.06 Sentiment: Buy Disclosure: Held
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