This is an overview of the taxation treatment of Performance Rights
https://www.copyright link/policy/tax-and-super/quirk-in-the-tax-system-could-leave-employees-out-of-pocket-20220725-p5b4el
Given that there are 3 tranches of shares issued, with share price hurdles starting at $0.25 (PFS) and the final one (FID) at $0.40, I believe that those receiving the shares would like to receive them, and therefore pay tax progressively on those bonuses.
This is an overview of the taxation treatment of Performance...
Add RXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $56.98M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $35.74K | 259.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 492573 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 366795 | 2 |
View Market Depth
| Last trade - 14.21pm 19/06/2024 (20 minute delay) ? |
| RXL (ASX) Chart |