MarkYou state"Capital gains tax would be a killer for me"Capital...

Mark

You state
"Capital gains tax would be a killer for me"

Capital gains tax is a max of 24% on income over $180k. Assume you had 1m KZL at 40c (you said you bought at 30-40c) and sold them at 90c (plenty of opportunity cum entitlement). That leaves you with $380k profit($500k less $120k tax). With the $780k after tax you now have you can buy 1.147m KZL at today's price (68c). So not only have you "prepaid" tax on 28c per share, you now own 147,000 shares for nothing

If that doesn't work, maybe put it in your super fund and pay 7.5% tax.

As a last resort give it to me and I'll pay the tax.

Nobody ever went broke paying tax on a profit.