I'm not wasting my time with you any longer tiger, champ, kid, king, boss.
I never said it was a new rule. Do you have 3 million cash in the bank ready to pay capital gains tax? Doubt it
So option A) Sell on market right before the cap raise and cash in at say 26-28c. THAT would send the wrong message and would appear to be "cashing in on the SP"
B) Decrease your holding during a cap raise at a discounted rate because YOU HAVE TO.
He could have sold on market last week and got an extra 25% return, but did he?
Im not sure if there is an option C) that you know about? How else do you free up $3 million cash in a more "investor friendly way" other than selling at a discounted rate during a raise?
There is no logic behind what you're trying to say, how should he have done it that would have kept you happy?
I look forward to you changing the subject again and I will no longer respond.
Have a good one.
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Open | High | Low | Value | Volume |
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---|---|---|
6 | 1063351 | 1.9¢ |
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Price($) | Vol. | No. |
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2.1¢ | 1346924 | 11 |
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No. | Vol. | Price($) |
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6 | 1063351 | 0.019 |
4 | 519888 | 0.018 |
6 | 1018500 | 0.017 |
7 | 1050000 | 0.016 |
4 | 624000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 1346924 | 11 |
0.022 | 1377133 | 9 |
0.023 | 449310 | 1 |
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