my view? - I reckon the ATO line was all fluff.
Given the Opes Crime debacle and lack of certainty re PT's shareholdings, self interest was always going to run way ahead of any other considerations.
And can I really blame him - the demerger was(hopefully) always a clever financial instrument to increase/add value where it previously was not so evident. And if PT wasn't going to make money out of it, why bother?????
In any case, now would be a good time to progress this demerger and get the show on the road - wouldn't it be a real coincidence for ATO approval to be granted soon??
Call me a cynic...........
cheers, ob2
ato, page-6
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