RRS 0.00% 0.1¢ range resources limited

i cant let it happen, page-21

  1. 62 Posts.
    Hey,

    ISAs (Individual Savings Accounts) are a tax allowance that people in the UK get each year.

    So, in simple terms, shares in ISAs are protected and do not have their profits taxed by the government.

    The ISA is 10,600 pounds for 2011/12. However, not all shares can go in an ISA - most on the AIM are not eligable. RRL is, as there is a policy that allows dual listed companies to be put into an ISA. Thus, I believe there will be a lot of demand to put RRL into ISAs from today, as the upside (massive) will be all profit and no taxes for the investor.

    I'm sure you guys must have an Aussie equivalent to this, no??

    )
 
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