I may be wrong but I don't think this is a tax play at all. It is a managed trust which has different rules relating to distribution to unitholders and I dont think it can be part of a company tax consolidation.
The key value for anyone is to take the remaining value of the trust which has a NTA of around 4c per unit after a provision of something like 7c per unit. That is gross value of 11c per unit but written down to a more realisic value.
If you think the writedown is too conservative (and they were in some of the other loan assets that eventtually matured) then you may for example get 6-8c per unit by holding the delisted units for another year. Not a bad return on an entry price per delisting of under 4c.
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- large very unusual bidding attempt
I may be wrong but I don't think this is a tax play at all. It...
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Last
0.5¢ |
Change
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Mkt cap ! $5.958M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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6 | 7298232 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.5¢ | 3408936 | 6 |
View Market Depth
No. | Vol. | Price($) |
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6 | 7298232 | 0.004 |
10 | 11865582 | 0.003 |
6 | 15150000 | 0.002 |
3 | 4300000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3408936 | 6 |
0.006 | 8545677 | 10 |
0.007 | 1779087 | 2 |
0.008 | 895125 | 3 |
0.010 | 325000 | 2 |
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