shareholders should demand firb 51% cap, page-57

just to clarify

transfer pricing is only relevant for income tax purposes.. if the placement goes through there is nothing (other than corps law directors duties etc) stopping FML selling gold to SDD at $100 an ounce

yes the ATO would step in and calculate tax profits using the spot price, but that wouldn't result in FML actually receiving more cash.. it would still have received $100, just with a larger tax bill

(i am in no way suggesting this is what SDD / FML would do, just highlighting that the ATO have no powers relevant to FML shareholders in this instance)