SMM 0.00% 18.0¢ summit resources limited

tax

  1. 641 Posts.
    am i right in thinking that if paladin doesnt get 80% acceptance by 27Apr 07 , then those that accepted are subject to cgt. With arevas blocking action this is looking more likely.With a capital gain in the last two years of $5.40 the capital gains tax windfall for the govt, even with the 50% reduction, could be $200m without a cent changing hands, plus you are back to day one for time owning the new share PDN. I hope im wrong.
 
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